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Briefing Notes

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Briefing Note 7 - Pensions incomes and council tax

After reaching retirement, income for a typical pensioner household does not change significantly. Incomes tend, at best, to increase in line with the RPI, though some of the poorest pensioners...

01 DEC 2003

Briefing Note 6 - Why are older pensioners poorer?

Older pensioners have an income which, on average, is significantly lower than that of younger pensioners. Older female pensioners are particularly badly hit: the median gross weekly income of the 1...

02 OCT 2003

Briefing Note 5 - The effect of the Conservative Party's pension policy

The benefit levels of the Basic State Pension (BSP) and the second state pension (SERPS for people retiring now) increase each year at least in line with the retail price index. There is also a...

01 OCT 2003

Briefing Note 4 - Deferring State Pension

State pensions become payable at age 65 for men and 60 for women. They can be deferred for up to 5 years, with an increment to the eventual income of one-seventh of 1% for every week deferred. From...

01 SEP 2003

Briefing Note 3 - Future Government spending on pensions

Successive pension policy reforms over the last 20 years have reduced the average state pension benefit. Reforms since 1997 such as the introduction of State Second Pension (S2P) and Pension Credit...

01 AUG 2003

Briefing Note 2 - The shift from Defined Benefit to Defined Contribution

Occupational pension provision in the private sector is declining. There were 10.1 million active occupational pension scheme members in 2000, compared to the high point of 12.2 million in 1967....

02 JUL 2003

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