State Retirement Pensions: Females
(asked on 9th November 2015) - View Source
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what the average amount foregone by women who will wait longer to receive their state pension was as a result of changes brought about by the Pension Act 2011.
Information on the average amount foregone by women who will wait longer to receive their state pension as a result of changes brought about by the Pensions Act 2011 is not available.
The impact on total lifetime pension income depends on income level, and whether an individual works up to their new State Pension age. The Pensions Act 2011 Impact Assessment presents modelled impacts using hypothetical examples of single individual male and female high, median and low earners. This analysis focuses on illustrating the impact on income in retirement. It therefore does not take account of gains in working-life income through earnings (or working-age benefits) received in the period up to the new State Pension age that will either wholly or partially replace the income a person would have received from their private and / or State Pensions.
The Pensions Act 2011 Impact Assessment, published in November 2011, is available at: