Downloads
sp_redistribution.pdf
PDF | 474.53 KB
The redistributive objectives of the UK state pension system have often been somewhat ambiguous, and have changed over time as different governments have come and gone. In this report summary, we outline key findings of a new IFS working paper (wp14/20) which uses detailed data on households’ histories of employment, earnings and contributions to the National Insurance (NI) system to examine the degree of intragenerational redistribution achieved by the UK state pension system for a cohort born in the 1930s.
These findings will be presented at a briefing on 9 September, alongside several other pieces of work which shed light on how financial preparedness for retirement differs across cohorts and important differences within cohorts.
Authors
Gemma Tetlow
Rowena Crawford
Soumaya Keynes
Report details
- Publisher
- Institute for Fiscal Studies
Suggested citation
R, Crawford and S, Keynes and G, Tetlow. (2014). From Me to You? How the UK State Pension System Redistributes. London: Institute for Fiscal Studies. Available at: https://ifs.org.uk/publications/me-you-how-uk-state-pension-system-redistributes (accessed: 26 April 2024).
More from IFS
Understand this issue
Where next for the state pension?
13 December 2023
Social mobility and wealth
12 December 2023
Autumn Statement 2023: IFS analysis
23 November 2023
Policy analysis
Recent trends in and the outlook for health-related benefits
19 April 2024
Progression of nurses within the NHS
12 April 2024
Regional variation in earnings and the retention of NHS staff in Agenda for Change bands 1 to 4
10 April 2024
Academic research
Police infrastructure, police performance, and crime: Evidence from austerity cuts
24 April 2024
Imagine your life at 25: Gender conformity and later-life outcomes
24 April 2024
A senior doctor like me: Gender match and occupational choice
24 April 2024