§ Lord Lipseyasked Her Majesty's Government:
What is the actuarially expected mortality rate of life Peers year by year over the next 20 years, assuming that no life Peers are appointed. [HL5437]
§ Lord McIntosh of HaringeyThe aggregate mortality rates of life Peers year by year over the next 20 years, assuming that no new life Peers are appointed, is estimated as follows:
Period Estimated mortality rate over per 100,000 alive at beginning of period 1 July 2002–30 June 2003 3,589 1 July 2003–30 June 2004 3,658 1 July 2004–30 June 2005 3,733 1 July 2005–30 June 2006 3,814 1 July 2006–30 June 2007 3,901 1 July 2007–30 June 2008 3,994 1 July 2008–30 June 2009 4,094 1 July 2009–30 June 2010 4,201 1 July 2010–30 June 2011 4,316 1 July 2011–30 June 2012 4,443 1 July 2012–30 June 2013 4,580 1 July 2013–30 June 2014 4,725 1 July 2014–30 June 2015 4,880 1 July 2015–30 June 2016 5,047 1 July 2016–30 June 2017 5,227 1 July 2017–30 June 2018 5,418 1 July 2018–30 June 2019 5,624 1 July 2019–30 June 2020 5,839 1 July 2020–30 June 2021 6,062 1 July 2021–30 June 2022 6,295 The aggregate mortality rates shown in the table give the numbers of expected deaths over the period shown, assuming 100,000 people alive at the beginning of the period. Since it is assumed that no new life Peers are created, the average age of those remaining increases over time and hence the aggregate mortality rate for those remaining also rises.
The mortality rates shown in the table have been calculated by the Government Actuary's Department and are consistent with those used to project the numbers of life Peers at each 1 July for the period 1 July 2002 to 1 July 2012 assuming that no new life Peers are created, given in the written reply of 10 June 2002 to the Question of the noble Lord, Lord Jacobs, to the Lord Chancellor (WA2).