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State Pensions: General

Table 4: Average proportion of pensioner income paid from state and private pension provision[1]

 

 

State

 

Private

1997/8

55%

45%

1998/9

54%

46%

1999/0

55%

45%

2000/1

53%

47%

2001/2

55%

45%

2002/3

57%

43%

2003/4

55%

45%

2004/5

55%

45%

2005/6

55%

45%

2006/7

53%

47%

2007/8

53%

47%

2008/9

54%

46%

2009/10

54%

46%

2010/11

54%

46%

2011/12

53%

47%

2012/13

53%

47%

2013/14

51%

49%

2014/15

51%

49%

2015/16

51%

49%

2016/17

51%

49%

 

Pension income from the state includes all pension and benefits delivered by the state to people over State Pension age: retirement pensions, disability benefits and income related benefits such as Pension Credit. 

 

Pension income from private pensions includes all occupational and personal pension (including contracted-out pensions and public sector pensions).  Also includes investment income, including income from annuities, property, stocks and shares and savings. 

 

[1] PPI analysis based on DWP (2018) Pensioners’ Incomes Series 2016/17

 

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