Pensioner income projections

Document type
Other
Corporate author(s)
Great Britain. Department for Work and Pensions
Publisher
DWP
Date of publication
1 March 2015
Series
DWP ad hoc research report no. 23
Subject(s)
Poverty Alleviation Welfare Benefits and Financial Inclusion, Older Adults
Collection
Social welfare
Material type
Reports

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This publication examines future trends in some components of pensioner incomes. The results show projected impacts on pensioner incomes following:

  • Changes to the State Pension in 2016.
  • Increases in defined contribution pensions due to automatic enrolment.
  • Continued decreases in the coverage of defined benefit pensions.

The report considers these main sources of pensioner income from 2014 to 2060. It looks at aggregate incomes, and how these are made up from State Pension income, defined benefit pensions and defined contribution pensions.

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