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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% |
|
1999/2000 |
55% |
45% |
|
2000/1 |
53% |
47% |
|
2001/2 |
55% |
45% |
|
2002/3 |
57% |
43% |
|
2003/4 |
55% |
45% |
|
2004/5 |
55% |
45% |
|
2005/6 |
56% |
44% |
|
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% |
|
2017/18 |
52% |
48% |
|
2018/19 |
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 (2020) Pensioners’ Incomes Series 2018 to 2019
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