Innovation Panel Questionnaire Module
pensiondrawdown_ip14
Pension Drawdown module
Questions 5
pensiondrawdown_ip14.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Text: In the last 12 months how much in total have you withdrawn?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_ip14.penddtax
Pension drawdown: whether before tax
Type: choice
Source: UKHLS
Text: Is this amount before deduction of income tax?
| Option | Label |
|---|---|
| 1 | Yes, before tax |
| 2 | No, after 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_ip14.penddchk
Pension drawdown: check
Type: choice
Source: UKHLS
Text: Was this amount included in any pension income you reported earlier?
| Option | Label |
|---|---|
| 1 | Yes |
| 2 | No |
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_ip14.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
| Option | Label |
|---|---|
| 1 | Yes |
| 2 | No |
Universe:
if DEMOGRAPHICS.PDVAGE >= 50 (Aged 50 or over)
pensiondrawdown_ip14.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Text: Have you withdrawn anything from those pension pots in the last 12 months?
| Option | Label |
|---|---|
| 1 | Yes |
| 2 | No |
| 3 | Not currently eligible to withdraw money |
Universe:
if DEMOGRAPHICS.PDVAGE >= 50 (Aged 50 or over)
and if PenPot = 1 (Has a pension pot eligible for drawdown)



