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Pensioner income inequality

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Author Info
Paul Johnson (Institute for Fiscal Studies)
Gary Stears
Abstract

One-and-a-half million pensioners are dependent on the minimum means-tested benefit, income support. But the numbers on income support have barely changed in two decades despite substantial increases in its value and that of its precursor, supplementary benefit. At least another 2 million receive means-tested housing benefit or council tax benefit. At the same time, in 1992-93, 3 million pensioners paid over £5 billion in income tax, a small minority at the higher rate of income tax. Pensioners are poorer than the working population, and some are on very low incomes, but they are not uniformly poor.

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Publisher Info
Article provided by Institute for Fiscal Studies in its journal Fiscal Studies.

Volume (Year): 16 (1996)
Issue (Month): 4 (November)
Pages: 69-93
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Handle: RePEc:ifs:fistud:v:16:y:1996:i:4:p:69-93

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Morris, Nick & Preston, Ian, 1986. "Inequality, Poverty and the Redistribution of Income," Bulletin of Economic Research, Blackwell Publishing, vol. 38(4), pages 275-344, November.
  2. Dilnot, Andrew & Disney, Richard & Johnson, Paul & Whitehouse, Edward, 1994. "Pensions policy in the UK: An economic analysis," MPRA Paper 10478, University Library of Munich, Germany. [Downloadable!]
  3. Edward Whitehouse, 1990. "The abolition of the pensions 'earnings rule'," Fiscal Studies, Institute for Fiscal Studies, vol. 11(3), pages 55-70, August.
  4. McClements, L. D., 1977. "Equivalence scales for children," Journal of Public Economics, Elsevier, vol. 8(2), pages 191-210, October. [Downloadable!] (restricted)
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Nirosha Gaminiratne, 2004. "Population Ageing, Elderly Welfare, and Extending Retirement Cover: The Case Study of Sri Lanka," Working Papers 3, Economics and Statistics Analysis Unit (ESAU), Overseas Development Institute. [Downloadable!]
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