Written Question·Department for Work and Pensions·UIN 25629
Pensions
Tabled: 21 January 2025
Answered: 29 January 2025
Question
James McMurdock
Independent — South Basildon and East Thurrock
To ask the Secretary of State for Work and Pensions, what assessment she has made of trends in the level of people receiving an adequate pension since 2019.
Answer
Torsten BellThere are many ways of measuring of adequacy, such as Target Replacement Rates (TRR) or using minimum income standards such as the PLSA Retirement Living Standards. DWP's latest estimates of undersaving for retirement showed around 4-in-10 working-age ind...
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