Written Question·Department for Work and Pensions·UIN 27729
Pensions: Software
Tabled: 30 January 2025
Answered: 7 February 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 the effectiveness of PenSim3 for supporting public (a) awareness and (b) understanding of pensions.
Answer
Torsten BellPensim3 is a computerised long-term model designed to look around 80 years ahead to compare pensioner outcomes under various possible policy scenarios for a modelled British population. It is used for policy development/evaluation, aiding long-term expend...
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