ICBP Publishes Frozen Pension Income Erosion Figures

November 18, 2016 Frozen Pensions 0 Comments

The International Consortium of British Pensioners has published figures outlining the pension erosion faced by frozen British State Pensioners.

The table below displays the full State Pension a retiree would have received by year of retirement (or move abroad) and how much has been lost as a result of the UK Government’s frozen pension policy since that date.

UK STATE PENSION – “PENSION EROSION” – APRIL 1990 TO PRESENT DAY
When did you retire?	Full State Pension Amount	Pension Erosion GBP	Annual Increase
April 2016 – Present	£119.31	£0	2.90%
April 2015 – March 2016	£115.95	£175	2.52%
April 2014 – March 2015	£113.10	£471	2.68%
April 2013 – March 2014	£110.15	£931	2.51%
April 2012 – March 2013	£107.45	£1,493	5.19%
April 2011 – March 2012	£102.15	£2,871	4.61%
April 2010 – March 2011	£97.65	£4,275	2.52%
April 2009 – March 2010	£95.25	£5,149	5.02%
April 2008 – March 2009	£90.70	£7,041	3.89%
April 2007 – March 2008	£87.30	£8,633	3.62%
April 2006 – March 2007	£84.25	£10,219	2.68%
April 2005 – March 2006	£82.05	£11,477	3.08%
April 2004 – March 2005	£79.60	£13,006	2.78%
April 2003 – March 2004	£77.45	£14,459	2.58%
April 2002 – March 2003	£75.50	£15,879	4.14%
April 2001 – March 2002	£72.50	£18,219	7.41%
April 2000 – March 2001	£67.50	£22,379	1.43%
April 1999 – March 2000	£66.55	£23,219	2.86%
April 1998 – March 1999	£64.70	£24,950	3.60%
April 1997 – March 1998	£62.45	£27,173	2.13%
April 1996 – March 1997	£61.15	£28,525	3.91%
April 1995 – March 1996	£58.85	£31,037	2.17%
April 1994 – March 1995	£57.60	£32,467	2.67%
April 1993 – March 1994	£56.10	£34,261	3.60%
April 1992 – March 1993	£54.15	£36,694	4.13%
April 1991 – March 1992	£52.00	£39,489	10.87%
April 1990 – March 1991	£46.90	£46,385	7.57%