Pensioners in poverty down by a million in a decade

The proportion of pensioners who are better off, however, is more likely to have been boosted by working longer past the retirement age. In 2000, earnings from work made up 8% of the average pensioner's income compared to 19% in 2009. Income from the state over the same period fell proportionately from 52% to 43%. Despite the fall in pensioner poverty, there is a large disparity between pensioners' incomes. The bottom 20% of today's pensioners receive an annual income of £10,244, whilst the top 20% receive £39,260. Over-75s receive on average 22% less income than younger pensioners, a...