pensiondrawdown_w14

pensiondrawdown_w14.penddamt

Pension drawdown: amount

Type: number

Source: UKHLS

Interviewer Instruction: WRITE IN TO NEAREST £

Text: In the last 12 months how much in total have you withdrawn?

Universe:
if DEMOGRAPHICS.PDVAGE >= 50 (Aged 50 or over)
and if PenPot = 1 (Has a pension pot eligible for drawdown)
and if PenDD = 1 (Has drawndown pension monies in last 12 months)

pensiondrawdown_w14.pendd

Has drawndown pension in last 12 months

Type: choice

Source: UKHLS

Text: Have you withdrawn anything from those pension pots in the last 12 months?

Universe:
if DEMOGRAPHICS.PDVAGE >= 50 (Aged 50 or over)
and if PenPot = 1 (Has a pension pot eligible for drawdown)

pensiondrawdown_w14.penddtax

Pension drawdown: whether before tax

Type: choice

Source: UKHLS

Text: Is this amount before deduction of income tax?

Universe:
if DEMOGRAPHICS.PDVAGE >= 50 (Aged 50 or over)
and if PenPot = 1 (Has a pension pot eligible for drawdown)
and if PenDD = 1 (Has drawndown pension monies in last 12 months)

pensiondrawdown_w14.penddchk

Pension drawdown: check

Type: choice

Source: UKHLS

Text: Was this amount included in any pension income you reported earlier?

Universe:
if DEMOGRAPHICS.PDVAGE >= 50 (Aged 50 or over)
and if PenPot = 1 (Has a pension pot eligible for drawdown)
and if PenDD = 1 (Has drawndown pension monies in last 12 months)

pensiondrawdown_w14.penpot

Has a pension pot eligible for drawdown

Type: choice

Source: UKHLS

Text: Now thinking further about pensions, with a defined contribution pension you build up a pot of money that you can then use to provide an income in retirement. This differs from defined benefit schemes, which promise a specific income in retirement. Changes to the law mean it is now easier to withdraw cash sums from pension pots in some circumstances. Do you have any defined contribution pension pots that you can now withdraw cash sums from?

Universe:
if DEMOGRAPHICS.PDVAGE >= 50 (Aged 50 or over)