Pensions (Hansard, 4 November 2002)

§ Mr. Laurence Robertson
To ask the Secretary of State for Work and Pensions what assessment he has made of 87W the number of people required to retire from their jobs owing to reaching a certain age; and if he will make a statement. [76963]

§ Maria Eagle
The Department has commissioned a study to update knowledge about older workers' participation in the labour market, including the influences on their remaining in employment and the reasons for retirement. This survey of 2,800 people aged 50–69 asked people why they retired, including whether this was a result of having reached their employer's normal retirement age. The findings from this research, which is on-going, are expected to be published in spring 2003.

§ Mr. Laurence Robertson
To ask the Secretary of State for Work and Pensions if he will supply the National Pensioners' Convention with a copy of the Government's National Strategy on Pensions; and if he will make a statement. [77040]

Percentage of working-age individuals in each quintile contributing to a non-state pension in at least three out of four years by equivalised income quintiles (20 per cent. band) (Great Britain)

Bottom quintile Second quintile Third quintile Fourth quintile Top quintile All

All

1992–95 27 33 48 57 69 47

1993–96 27 30 48 55 66 46

1994–97 26 31 50 57 68 47

1995–98 26 36 49 57 68 48

1996–99 23 34 50 60 66 48

1997–2000 21 36 49 60 68 49

Males

1992–95 36 48 62 72 80 59

1993–96 35 46 62 66 74 56

1994–97 35 45 63 66 76 57

1995–98 37 47 59 61 74 57

1996–99 31 45 60 68 69 56

1997–2000 31 47 58 68 70 57

Females

1992–95 19 17 33 42 59 35

1993–96 18 14 33 45 59 35

1994–97 19 17 36 47 61 37

1995–98 17 24 37 52 62 39

1996–99 16 22 40 51 63 40

1997–2000 13 25 39 50 65 41

Notes:

1. All figures are estimates and are taken from the British Household Panel Survey (BHPS) data set. The BHPS is a longitudinal data set developed at the University of Essex, Institute for Social and Economic Research. The latest data available is for the period 1997 to 2000.

2. The estimates are sample counts, which have been adjusted for non-response using multipurpose grossing factors. Estimates are subject to both sampling error and to variability in non-response. The income measure used is total equivalised household income (that is to say income that is adjusted to reflect the composition of the household).

3. Individuals are assigned between quintiles according to their household income in the first year of each of the four year periods.

Source:
BHPS

Percentage of working-age individuals in each quintile contributing to a non-state pension in at least three out of four years by equivalised income quintiles (20 per cent. band) (Great Britain)
	Bottom quintile	Second quintile	Third quintile	Fourth quintile	Top quintile	All
All
1992–95	27	33	48	57	69	47
1993–96	27	30	48	55	66	46
1994–97	26	31	50	57	68	47
1995–98	26	36	49	57	68	48
1996–99	23	34	50	60	66	48
1997–2000	21	36	49	60	68	49
Males
1992–95	36	48	62	72	80	59
1993–96	35	46	62	66	74	56
1994–97	35	45	63	66	76	57
1995–98	37	47	59	61	74	57
1996–99	31	45	60	68	69	56
1997–2000	31	47	58	68	70	57
Females
1992–95	19	17	33	42	59	35
1993–96	18	14	33	45	59	35
1994–97	19	17	36	47	61	37
1995–98	17	24	37	52	62	39
1996–99	16	22	40	51	63	40
1997–2000	13	25	39	50	65	41