Work and Pensions written question – answered on 5th March 2007.
To ask the Secretary of State for Work and Pensions what estimates he has made or received of the amount of (a) state and (b) occupational pension entitlements accrued by people aged (i) 16 to 30, (ii) 30 to 40, (iii) 40 to 50, (iv) 50 to 65, (v) 65 to 75, (vi) 75 to 85 and (vii) over 85 in (A) the last year for which data are available, (B) 1985 and (C) 1995.
The requested information is not available for occupational pension entitlements.
The following table provides an estimate of the average number of qualifying years for state pension that had been accrued during a working life in the tax years 1984-85, 1994-85 and 2003-04.
Average number of state pension qualifying years | |||
Tax year | |||
Age | 1984-85 | 1994-95 | 2003-04 |
16-29 | 6.9 | 7.7 | 6.2 |
30-39 | 17.5 | 19.9 | 20.5 |
40-49 | 23.2 | 28.4 | 31.4 |
50-64 | 32.8 | 34.9 | 40.0 |
65-74 | 36.3 | 40.9 | 41.9 |
Notes: 1. The sample size for people aged over 74 is insufficiently large to provide this information. 2. State pension qualifying years relate to the total number of fully accrued years for basic state pension, SERPS and state second pension. Source: Lifetime Labour Market Database (LLMDB). |
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