§ Mr. WinnickTo ask the Secretary of State for Social Security what is the average sum now paid out annually in occupational pensions for(a) males and (b) females.
§ Mr. HagueThe average amounts of occupational pension paid in 1990–91 are estimated as £4,200 per annum for males and £2,015 for females at January 1991 prices.
NoteSource: 1990 and 1991 Family Expenditure Surveys.
§ Mr. FlynnTo ask the Secretary of State for Social Security what is his estimate of the number of people who have opted out of the state earnings-related pension scheme into personal pensions and have now allowed those pensions to lapse.
§ Mr. HaguePersonal pensions used for opting out of SERPS do not lapse. Membership continues until cancelled either by the individual concerned or by the trustees or managers of the scheme.