§ 115. Lieut.-Colonel Bromley-Davenport
asked the Minister of National Insurance if he will consider raising the statutory limit of savings allowed to old people who, owing to their means being slightly above the statutory limit and the fact that they were too old to take advantage of the Contributory Pensions Voluntary Contributors Pensions Act, 1937, are existing at the present time on small capital savings.
§ Mr. Turton
No. I would remind my hon. and gallant Friend that a person without resources other than capital would not be totally disqualified for a non-contributory old age pension on account of means unless the capital amounted to at least £1,495 in the case of a single person or £2,990 in the case of a married couple.