HC Deb 28 July 1949 vol 467 c2662
61. Sir Ian Fraser

asked the Financial Secretary to the Treasury if he will give Civil Service pensioners the option to receive their pensions monthly or quarterly.

Mr. Glenvil Hall

They already have this option, and are so informed when they retire.

Sir I. Fraser

Is that option universal?

Mr. Glenvil Hall

Yes, Sir. I have a copy of the form here. Those who complete it are asked to say at what intervals they would like payments to be made.

Mr. Godfrey Nicholson

Can they subsequently alter that option, or is it irrevocable?

Mr. Glenvil Hall

I do not think so. On the other hand, it would be silly if they were given the opportunity of changing their minds every few weeks.

Sir I. Fraser

If there is hardship in cases where a person has to wait three months for money which is paid in arrear, could the option be changed?

Mr. Glenvil Hall

Certainly. If an individual concerned asks first for payment to be made quarterly and then finds he prefers it monthly, we are quite willing to pay him monthly.