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Centre for Policy on Ageing | |
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Pensioner poverty over the next decade
— what role for tax and benefit reform? | | Author(s) | Mike Brewer, James Browne, Carl Emmerson |
| Corporate Author | Institute for Fiscal Studies - IFS |
| Publisher | Institute for Fiscal Studies, London, July 2007 |
| Pages | 109 pp (IFS commentary 103) |
| Source | The Institute for Fiscal Studies, 7 Ridgmount Street, London WC1E 7AE. Link to download: http://www.ifs.org.uk/publications.php?publication... |
| Keywords | Poor elderly ; Pensions ; Social security benefits ; Social policy ; Mathematical models. |
| Annotation | What are the prospects for pensioner poverty in the next ten years, and how much difference will the proposals in the 2006 White Paper, "Security in retirement" (Cm 6841) make? This report examines these questions under a variety of alternative tax and benefit policies, by using data from the British Household Panel Survey (BHPS), the English Longitudinal Study of Ageing (ELSA), the Family Resources Survey, the ONS Longitudinal Study, and mortality data from the Government Actuary's Department. This is done by modelling the future demographic structure and incomes of the pensioner population up to 2017/18, by simulating mortality, health, receipt of disability benefits and labour market outcomes for people aged 50+ in England in 2002/03. Different tax and benefits systems are then applied to this simulated pensioner population to examine their effects on future pensioners' net incomes, and hence future pensioner poverty. The research finds that recent falls in poverty amongst those aged 65+ are unlikely to continue after 2007-08, even after the implementation of the proposals outlined in the White Paper. The research for this report was funded by Help the Aged, and co-funded by the Economic and Social Research Council through the ESRC research grant Inequalities in Health in an Ageing Population (RES-000-23-0590) and the Centre for Microeconomic Analysis of Public Policy at the Institute for Fiscal Studies (IFS). (RH). |
| Accession Number | CPA-070928005 B |
| Classmark | F:W6: JJ: JH: TM2: 3LM |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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