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Written question asked by Lord Hammond of Runnymede (Conservative) on Thursday, 26 April 2007, in the House of Commons. It was due for an answer on Monday, 30 April 2007. It was answered by James Purnell (Labour) on Wednesday, 16 May 2007 on behalf of the Department for Work and Pensions.

Occupational Pensions

Question
To ask the Secretary of State for Work and Pensions pursuant to the written statement of 28 March 2007, Official Report, columns 113-14WS, (1) how many of the estimated number of people with pension losses are (a) at or above age 65, (b) aged 63 to 64, (c) aged 60 to 62, (d) aged 57 to 59, (e) aged 54 to 56, (f) aged 51 to 53, (g) aged 48 to 50, (h) aged 45 to 47, (i) aged 42 to 44, (j) aged 39 to 41 and (k) aged under 39 years;
Answer

The information in the following tables show a breakdown of the estimated number of individuals who have suffered pension losses by age and the number of years away from scheme retirement age. This is based on their age as at May 2004.

Table 1: Age profile of individuals who have suffered pension losses
Age Number of people
65+ 10,000
63-64 6,000
60-62 11,000
57-59 14,000
54-56 12,000
51-53 11,000
48-50 10,000
45-47 10,000
42-44 10,000
39-41 12,000
<39 20,000
Total 125,000
Table 2: Number of individuals who have suffered pension losses by the number of years away from scheme retirement age
Years from scheme retirement age (SRA) Number of people
At or above SRA 11,000
<3 years 11,000
3-5 years 11,000
6-8 years 13,000
9-11 years 12,000
12-14 years 10,000
15 years+ 56,000
Total 125,000
Notes:
1. Figures are rounded to the nearest thousand and they may not sum exactly to the total due to rounding.
2. Information is based on sample data and should therefore be treated with caution. Breaking down the data into small intervals may not produce reliable estimates.

Secondary information

Type
Written question
Reference
135132; 460 c769-70W
Session
2006-07
Related items
Pensions
Thursday, 25 October 2007
Written questions
House of Commons
Occupational Pensions
Wednesday, 28 March 2007
Written statements
House of Commons
Subjects
Workplace pensions
Link
View this Written question on www.publications.parliament.uk