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Recent falls in poverty amongst those aged 65 and over are unlikely to continue after 2007-08, even after the implementation of the proposals outlined in the Government's Pensions White Paper.
This report looks at the prospects for pensioner poverty in England over the next decade. The authors find that that the proportion of those aged 65 and over living in poverty is set to remain at its current level - around one-in-five - between 2007-08 and 2017-18. This is despite the overall increase in the generosity of state pensions arising from the Pensions White Paper, and the fact that younger cohorts are expected to have more private pension income and higher employment rates at older ages than those preceding them.
Authors
Deputy Director
Carl, a Deputy Director, is an editor of the IFS Green Budget, is expert on the UK pension system and sits on the Social Security Advisory Committee.
Mike Brewer
Research Fellow University College London
Alissa is an IFS Research Fellow and a Professor of Economics and Director of the Centre for Longitudinal Studies at the UCL Institute of Education.
Gemma Tetlow
James Browne
Alastair Muriel
Report details
- DOI
- 10.1920/co.ifs.2007.0103
- ISBN
- 978-1-903274-50-7
- Publisher
- IFS
Suggested citation
Brewer, M et al. (2007). Pensioner poverty over the next decade: what role for tax and benefit reform?. London: IFS. Available at: https://ifs.org.uk/publications/pensioner-poverty-over-next-decade-what-role-tax-and-benefit-reform (accessed: 29 March 2024).
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