§ Mr. WillettsTo ask the Secretary of State for Work and Pensions how many pensioner units have savings below(a) £6,000, (b) £8,000, (c) £10,000, (d) £16,000 and (e) £20,000. [50881]
§ Mr. McCartneyThe information is in the table.
Pension units in Great Britain with savings below certain limits Pensioner units with savings below limit Limit Number Percentage £6,000 4,100,000 60 £8,000 4,400,000 64 £10,000 4,600,000 68 £16,000 5,200,000 76 £20,000 5,400,000 79 All pensioner units 6,800,000 100 Notes:
1. All figures are estimates and are taken from the Family Resources Survey (FRS). 2000–01 is the latest year for which data are available.
2. A pensioner unit is a single person or couple living as married and any dependent children where the head of the benefit unit over state pension age.
3. The estimates are based on sample counts that have been adjusted for non-response and using multi-purpose grossing factors that control for tenure, council tax band and a number of demographic variables. Estimates are subject to sampling error and to variability in non-response.
430W4. Questions on assets are a sensitive part of the FRS questionnaire and have relatively low level of response. Evidence suggests some under reporting of capital by respondents.
5. The numbers are rounded to the nearest 0.1 million.
Source:
Figures are from the Family Resources Survey 2000–01.