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720843
star this property registered interest false more like this
star this property date less than 2017-04-13more like thismore than 2017-04-13
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star this property answering dept short name Work and Pensions more like this
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading State Retirement Pensions: Females more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions, what estimate he has made of the number of women born in the 1950s affected by the change in the state pension age who have access to an occupational or private pension. remove filter
star this property tabling member constituency Stockton North more like this
star this property tabling member printed
Alex Cunningham more like this
star this property uin 70331 more like this
unstar this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2017-04-24more like thismore than 2017-04-24
star this property answer text <p>All women born in the 1950s from 6 April 1950 onwards are affected by changes to State Pension age under the Pensions Acts of 1995 and 2011. The estimated number of women in Great Britain born in the 1950s affected by the changes to State Pension age is 3.48 million.</p><p> </p><p>The latest figures on pension wealth, from the Wealth and Assets Survey, show that, in the period July 2012 to June 2014, 66 per cent of women aged 55-64 in Great Britain had pensions wealth. This would include those still paying into an occupational or personal pension and those accessing their pensions.</p><p> </p><p>Further information on private pension wealth can be found in chapter 6 of the Wealth and Assets Survey, at: <a href="https://www.ons.gov.uk/peoplepopulationandcommunity/personalandhouseholdfinances/incomeandwealth/compendium/wealthingreatbritainwave4/2012to2014/chapter6privatepensionwealthwealthingreatbritain2012to2014" target="_blank">https://www.ons.gov.uk/peoplepopulationandcommunity/personalandhouseholdfinances/incomeandwealth/compendium/wealthingreatbritainwave4/2012to2014/chapter6privatepensionwealthwealthingreatbritain2012to2014</a></p><p> </p><p>The latest figures from the Annual Population Survey, from July 2015 to June 2016, show that, of the 3.73 million women in the United Kingdom aged 56 to 65 inclusive at that time (the closest age grouping matching the women in question from the data available), 1,919,000 (51%) were in employment, 55,000 (1%) were unemployed, 955,000 (26%) were retired, and the remaining 806,000 (22%) were economically inactive for other reasons.</p><p> </p><p>The latest figures on Jobseeker’s Allowance are for March 2017, when there were around 34,000 women in Great Britain aged 55 and over in receipt of Jobseeker’s Allowance. These data can be found at: <a href="https://www.nomisweb.co.uk" target="_blank">https://www.nomisweb.co.uk</a>.</p><p> </p><p>A small additional number of women in this age group will instead have been in receipt of Universal Credit, which replaces Jobseeker’s Allowance and five other benefits and tax credits.</p>
star this property answering member constituency Watford more like this
star this property answering member printed Richard Harrington more like this
star this property grouped question UIN 70332 more like this
star this property question first answered
less than 2017-04-24T12:05:30.523Zmore like thismore than 2017-04-24T12:05:30.523Z
star this property answering member
4068
star this property label Biography information for Lord Harrington of Watford more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham remove filter