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Pension Facts

The information in 'Pension Facts' will be updated regularly as new information becomes available.

To download a printable version of 'Pension Facts', please click below.

Pension Facts Last updated July 2018.

To view the individual 'Pension Facts' tables online please click on the links below.

 

Table 1: Projected number of people in the UK of state pension age or older (updated 07/2018)

Table 2: Projected life expectancy at age 65 (updated 07/2018)

Table 3: Total spending on state pensions and other benefits for pensioners (updated 05/2017)

Table 4: Average proportion of pensioner income paid from state and private pension provision 
(updated 07/2018)

Table 5: Current full amount of Basic State Pension and projected future amounts of BSP and Single Tier pension (updated 07/2018)

Table 6: Average amount of Basic State Pension received (updated 10/2016)

Table 7: Number of working age people who have accrued a qualifying year for the Basic State Pension by method of accrual (updated 11/2013)

Table 8: Average amount of SERPS and State Second Pension received per week (updated 10/2016)

Table 9Number of working age people accruing entitlement to State Second Pension or contracted-out equivalent (updated 11/2013)

Table 10Number of Pension Credit claimants (overall and by component being received) (updated 07/2018)

Table 11: Take-up of households receiving different types of Pension Credit (updated 07/2018)

Table 12: Average weekly amounts of Pension Credit received by claimants (by component) (updated 07/2018)

Table 13: Proportion of working-age people currently accruing a non-state pension (updated 07/2018)

Table 14: Proportion of pensioners receiving an occupational or personal pension (updated 07/2018)

Table 15: Average amount received by a pensioner from occupational and personal pensions; average of those receiving something more than zero (updated 05/2017)

Table 16: Average size of pension fund used to buy an annuity (updated 12/2011)

Table 17: Number of private sector occupational pension schemes by size and status (updated 11/2013)

Table 18: Number of private sector occupational pension schemes by benefit structure and status (updated 11/2013)

Table 19: Number of members of occupational pension schemes (updated 05/2017)

Table 20: Contribution rates to private sector schemes by scheme size (updated 07/2018)

Table 21: Number of active members of occupational pension schemes (updated 07/2018)

Table 22: Number of active members of private sector occupational pensions by benefit structure (updated 07/2018)

Table 23: Number of members of occupational pension schemes (updated 07/2018)

Table 24: PPF funding levels of DB pension schemes (updated 07/2018)

Table 25: Average voluntary contribution to a private pension as a proportion of National Average Earnings(updated 09/2012)

Table 26: Amount of money in funded pensions by type of investment (updated 12/2011)

Table 27: Estimated costs of tax relief on private pensions (updated 07/2018)

Table 28: Percentage of total tax relief on individual and employee pension contributions by tax rate (updated 07/2018)

Table 29: Percentage of total tax relief on individual and employee pension contributions by income decile (updated 09/2012)

Table 30: Percentage of total tax relief on individual and employee pension contributions by income band (updated 11/2015)

Table 31: Proportion of people working by age group and sex (updated 07/2018)

Table 32: Average retirement ages (updated 11/2013)

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