HC Deb 24 May 1974 vol 874 c337W
Sir B. Rhys Williams

asked the Secretary of State for Social Services (1) what would be the gross cost of now paying benefits to beneficiaries of the State earnings-related pension scheme with full compensation for changes in the value of money since the relevant contributions were made; how many people would benefit; and what would be the net cost after allowing for the effect of income tax deductions and the reduction of claims for supplementary benefit;

(2) what would be the increase in pension income for a man retiring this year after regularly earning the national average wage if he had been contracted into the State earnings-related pension scheme from the start and compensation were now allowed in full for changes in the value of money since the relevant contributions were made.

Mr. Robert C. Brown

It will take a little time to obtain the information necessary to answer the hon. Member's Questions but I will publish it in the OFFICIAL REPORT as soon as it is available.