§ Colonel YATEasked the Chancellor of the Exchequer whether, considering that certain questions in connection with the working of the Pension Commutation Acts are now under consideration, he will have a Return compiled showing the loss or profit to the State on each part or further part of the pensions commuted from the commencement of partial commutation in 1882 to 31st December, 1912; and what the 496W result would have been to the State had those pensions been partially commuted on the basis of 3½ per cent. instead of the 5 per cent. basis which it is estimated resulted in a balance in favour of the Exchequer of about £200,000?
§ Mr. LLOYD GEORGEThe compilation of a complete Return would involve considerable time and labour, and it is not considered that the result would differ materially from that obtained from the partial investigation already made. In these circumstances I do not see my way to grant the Return asked for.