§ Mr. FieldTo ask the Secretary of State for Social Security how many and what proportion of(a) single and (b) married couple pensioners have an income of £20,000 a year or more; and if he will list for those groups the main sources of income. [139301]
§ Mr. RookerSome 398,000 pensioner couples have an annual net income of more than £20,000. This represents 15 per cent. of all pensioner couples. Corresponding information for single pensioners is not available since the sample size is too small to provide statistically reliable estimates.
The main sources of income for pensioners who have an annual net income of more than £20,000 are benefit income (including pensions), Occupational pensions, investment income, earnings and other income.
§ Mr. FlynnTo ask the Secretary of State for Social Security at what level of income entitlement to the pension credit would run out in the case of a single pensioner receiving the basic pension at(a) 20 per cent., (b) 30 per cent., (c) 40 per cent., (d) 50 per cent., 68W (e) 60 per cent., (f) 70 per cent., (g) 80 per cent., (h) 90 per cent. and (i) 100 per cent. of the full rate. [139311]
§ Mr. RookerThe pension credit does not work in this way. The aim of the pension credit is to reward savings income of up to £135 a week for a single pensioner and £200 a week for couples.