§ Mr. Harry GreenwayTo ask the Secretary of State for Social Security what was his most recent estimate of the average sum paid to(a) female pensioners and (b) male pensioners over their period of entitlement; and if he will make a statement. [33086]
§ Mr. Heald[holding answer 17 July 1995]: The information is not available in the form requested. An estimate of the average amount of retirement pension paid over their lifetimes to (a) male pensioners retiring now at 65 and (b) single female pensioners (never married) retiring now at 60 is given in the table.
Estimated RP receipt1 1994 prices Age in 1994 Average receipt in 1994 Average lifetime2 receipt3 Male4 65 £73.79 per week £61,800 Female, never married 60 £62.72 per week £78,900 1 RP includes Basic RP, SERPS and GRADS. Dependent additions are excluded. 2 Life expectancies are for GB. 3 Individuals are assumed not to suffer any change in circumstances, marital or otherwise, which may affect pension entitlement. RP is assumed to be uprated in line with prices. 4Excluding widowers.