To ask the Secretary of State for Work and Pensions, what estimate his Department has made of the number of people who will receive a lower state pension under the single-tier pension system.
Answered on
3 May 2016
The information requested can be found in the Impact of the New State Pension (nSP) on an Individual’s Pension Entitlement – Longer Term Effects of nSP published in January 2016. The link can be found here:
Figure 1 of the assessment shows the proportion of all pensioners from 2016 until 2060 at each time point with changed notional State Pension outcomes under the new State Pension.
Answered by
Department for Work and Pensions