HC Deb 13 March 1925 vol 181 cc1732-3W
Captain BULLOCK

asked the Financial Secretary to the Treasury whether he is aware of the adverse views held by local authorities on the present method of calculation of the incomes of claimants for old age pensions, which is based on the present market value of any investments held and not on the actual return from such investments; and whether he will consider the desirability of introducing a change in the Law on this subject?

Mr. GUINNESS

I would refer the hon. and gallant Member to the reply given to the hon. Member for Middlesbrough West (Mr. T. Thomson) on the 10th February.