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CMI Working Paper 117

Working Paper 117: All offices” experience of pension annuities in payment, 2011-2016

Working Paper 117 was published in January 2019. The working paper describes the experience of pension annuities in payment over the period 2011 to 2016; the results are available in accompanying spreadsheets. Note: this paper is available to Authorised Users only.

Notes:

1. The results originally issued alongside this paper included an allowance for improvements (as described in Section 3.4 of the paper). These were replaced on 14 February to improve the clarity of the description (the results themselves are unchanged) and additional results without improvements were also released.

2. An updated version of Working Paper 117 was issued in August 2019 to correct the calculation of confidence intervals around the differences in improvements (between the annuities dataset and the England & Wales population) in the right-hand columns of Table 6.1 and 6.2.

There is a summary spreadsheet and a detailed spreadsheet for each version of the 2011-2016 results. Each spreadsheet has a notes page detailing its contents. The summary spreadsheet provides a high-level overview of the results but does not allow a user to choose an alternative base table or alternative categorisation of the results. Users wishing to see more granular results and data should refer to the detailed spreadsheet.

Four Excel spreadsheets are provided alongside this paper:

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