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.
Analysis is also presented by gender and by income.
Authors: Richard Goulsbra, Sarah Fothergill (DWP)