HC Deb 07 June 1993 vol 226 c139W
1979 and 1992. Dr. Twinn

To ask the Secretary of State for Social Security how much total pension incomes increased per annum between(a) 1974 and 1979 and (b)

Mr. Hague

Estimates of pensioners' income for 1974 have not yet been calculated on a basis consistent with those for 1989, the latest year for which data are available. However, our most recent comparable estimates show that annual increases in pensioners' incomes were, on average:

  1. (a) between 1974 and 1979–0.6 per cent. a year; and
  2. (b) between 1979 and 1988–3.3 per cent. a year.

Active members (millions) All members (millions) Estimated liabilities (£ million) Average liability per active member (£) Average liability per member (£)
Public sector unfunded 2.8 5.2 170,000 60,000 33,000
Private/public sector funded 7.8 14.9 430,000 55,000 29,000
All schemes 10.6 20.1 600,000 57,000 30,000

Source: Government Actuary's Department.

Notes:

(a) Numbers of scheme members are based on 1987 GAD Survey of Occupational Pension Schemes.

(b) Estimates of scheme liabilities are for 1991 and are given at 1991 prices.

(c) Estimates of average liability per scheme member are illustrative and assume that sectoral scheme membership did not change between 1987 and 1991.

(d) Active members are those currently contributing to the scheme. All members includes deferred pensioners and beneficiaries.

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