HC Deb 06 May 1909 vol 4 c1196
Mr. O'SHAUGHNESSY

asked the Chancellor of the Exchequer if he can say whether pension officers in Ireland were at any time directed to calculate bank deposits at 4 per cent. without regard to the actual interest obtained, and, if so, by what authority, and do such directions still continue in force; and whether, if any claimants have been damnified thereby, they will be recouped therefor?

Mr. LLOYD-GEORGE

The instructions to pension officers have from the first been that the yearly value of money invested must in all cases be taken at the actual amount derived from the investment. If misapprehension has arisen in any case and the claimant has been damnified thereby, I shall be glad to cause inquiry to be made into any such cases as the hon. Member may bring to my notice.