PARLIAMENTARY WRITTEN QUESTION
Pension Credit (3 September 2024)
Question Asked
Asked by:
Mel Stride (Conservative)
Answer
For the latest year 2022/23, 1.9 million pensioners were in relative poverty after housing costs (AHC) in the UK. Of these, 300,000 pensioners were in receipt of Pension Credit, approximately 15%. A household is in relative poverty if its income is less than 60 per cent of the median household income in a given financial year.
For the latest year 2022/23, 1.4 million pensioners were in absolute poverty AHC in the UK. Of these, 200,000 pensioners were in receipt of Pension Credit, approximately 14%. A household is in absolute poverty if its income is less than 60% of median household income in 2010/11, uprated by inflation.
‘Households Below Average Income’ provides estimates on the number of and percentage of people living in low-income households based on their household disposable income. As an income measure, it does not include other available resources that might impact on a household’s poverty levels such as savings.
These numbers have been rounded to the nearest 100,000 and percentages rounded to the nearest whole per cent.
This data is available on Stat-Xplore at https://stat-xplore.dwp.gov.uk in the ‘Households Below Average Income’ dataset.
More Information on the data included in the ‘Households Below Average Income’ dataset can be found here: https://www.gov.uk/government/statistics/households-below-average-income-for-financial-years-ending-1995-to-2023/households-below-average-income-series-quality-and-methodology-information-report-fye-2023#income-definition.
Guidance on how to use Stat-Xplore can be found here: https://stat-xplore.dwp.gov.uk/webapi/online-help/index.html.
An account is not required to use Stat- Xplore, the ‘Guest Login’ feature gives instant access to the main functions.
Answered by:
Emma Reynolds (Labour)
18 September 2024
Contains Parliamentary information licensed under the Open Parliament Licence v3.0.