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Written question asked by Steve Rotheram (Labour) on Friday, 22 April 2016, in the House of Commons. It was due for an answer on Tuesday, 26 April 2016. It was answered by Justin Tomlinson (Conservative) on Tuesday, 3 May 2016 on behalf of the Department for Work and Pensions.


State Retirement Pensions

Question

To ask the Secretary of State for Work and Pensions, what estimate his Department has made of the number of people who will receive a lower state pension under the single-tier pension system.

Answer

The information requested can be found in the Impact of the New State Pension (nSP) on an Individual’s Pension Entitlement – Longer Term Effects of nSP published in January 2016. The link can be found here:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/491845/impact-of-new-state-pension-longer-term-reserach.pdf

Figure 1 of the assessment shows the proportion of all pensioners from 2016 until 2060 at each time point with changed notional State Pension outcomes under the new State Pension.


Secondary information

Type
Written question
Reference
35166
Session
2015-16
Subjects
State retirement pensions
Contains statistics
Yes
Link
View this Written question on www.parliament.uk