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Poorest pensioners almost solely dependent on the State Pension to get by

For the poorest pensioners, three in every four pounds (78%) of their income comes from the State Pension, rising to approaching nine in every ten pounds (86%) when State benefits are included, according to a new report by the Pensions Policy Institute (PPI), sponsored by Age UK

  For the poorest pensioners, three in every four pounds (78%) of their income comes from the State Pension, rising to approaching nine in every ten pounds (86%) when State benefits are included, according to a new report by the Pensions Policy Institute (PPI), sponsored by Age UK. The report finds that while levels and sources of income vary across the older population, the State Pension is an important part of retirement income for all pensioners except the lucky few with the highest retirement incomes. The analysis shows that those in the middle of the income distribution get more than

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