Official Statistics
Analysis relating to the PPF compensation cap and labour market experience of older workers
This analytical release contains new analysis relating to the level of the Pension Protection Fund (PPF) compensation cap and the labour market experience of older workers.
Documents
Details
The analysis presented is derived from Department for Work and Pensions (DWP) and Office for National Statistics (ONS) survey data. This analysis provides context around the level of the PPF compensation cap, in relation to income and earnings as well as context on durations of employment and age of retirement.
The analysis includes, the:
- proportion of pensioner benefit units with income from an occupational pension of a certain amount
- proportions of employees in a Defined Benefit pension scheme aged 16+ and 60+ with annual gross pay above certain levels
- people in employment aged 50 to 75 by length of time with current employer
- duration of continuous employment for those in employment aged 55 to 64
- people who retired in 2017 by age in 2017