§ 17. Mr. Lewisasked the Minister of Pensions and National Insurance whether he will publish in HANSARD a table of figures giving the retirement pension amounts received by a single and married couple, respectively, for each of the months from January, 1951, to the latest convenient date; and, taking the £1 as having a purchasing value of 20s. at that date, what the relative purchasing value of these pensions were at the dates stated, after allowing for the depreciation of the purchasing value of the £
§ Mr. Boyd-CarpenterWith pleasure.
The following are the figures:
93W
WEEKLY RATES OF RETIREMENT PENSION PAYABLE, WITH EQUIVALENT VALUES AT JANUARY, 1951 PRICES (on the basis of the Retail Prices Index) 1951 1952 1953 1954 1955 1956 1957 1958 Rate Value Rate Value Rate Value Rate Value Rate Value Rate Value Rate Value Rate Value SINGLE PERSON s. s. d. s. d. s. d. s. d. s. d. s. d. s. d. s. d. s. d. s. s. d. s. s. d. s. s. d. January … 26 26 0 30 0 26 7 32 6 27 7 32 6 27 2 32 6 26 1 40 30 7 40 29 4 40 28 4 February … 26 25 9 30 0 26 6 32 6 27 6 32 6 27 3 32 6 26 1 40 30 7 40 29 4 50(d) 35 6 March … 26 25 7 30 0 26 5 32 6 27 3 32 6 27 0 32 6 26 1 40 30 2 40 29 5 50(d) 35 3 April … 26 25 2 30 0 26 0 32 6 27 0 32 6 26 11 32 6 26 0 40 29 9 40 29 3 50(d) 34 10 May … 26 24 7 30 0 26 0 32 6 27 2 32 6 27 0 40 0(c) 32 0 40 29 10 40 29 3 50(d) 35 0 June … 26 24 6 30 0 25 7 32 6 27 0 32 6 26 10 40 0(c) 31 4 40 29 10 40 28 11 50(d) 34 8 July … 26 24 2 30 0 25 7 32 6 27 0 32 6 26 4 40 0(c) 31 3 40 30 0 40 28 8 50(d) 35 3 August … 26 24 0 30 0 25 9 32 6 27 2 32 6 26 7 40 0(c) 31 6 40 29 11 40 28 9 50(d) 35 4 September … 30(a) 27 6 30 0 25 9 32 6 27 3 32 6 26 7 40(c) 31 3 40 30 0 40 28 10 50(d) 35 3 October … 30(a) 27 4 32 6(b) 27 8 32 6 27 3 32 6 26 6 40 0(c) 30 11 40 29 9 40 28 7 50(d) (e) November … 30(a) 27 3 32 6(b) 27 9 32 6 27 2 32 6 26 4 40 0(c) 30 6 40 29 8 40 28 5 50(d) (e) December … 30(a) 27 8 32 6(b) 27 6 32 6 27 3 32 6 26 2 40 0(c) 30 6 40 29 7 40 28 3 50(d) MARRIED COUPLE January … 42 42 0 50 0 44 3 54 0 45 10 54 0 45 2 54 0 43 5 65 49 8 65 47 7 65 46 0 February … 42 41 7 50 0 44 3 54 0 45 8 54 0 45 3 54 0 43 5 65 49 8 65 47 8 80(d) 56 10 March … 42 41 4 50 0 44 0 54 0 45 4 54 0 44 10 54 0 43 5 65 49 1 65 47 9 80(d) 56 5 April … 42 40 8 50 0 43 4 54 0 44 11 54 0 44 8 54 0 43 2 65 48 5 65 47 7 80(d) 55 10 May … 42 39 8 50 0 43 4 54 0 45 1 54 0 44 10 65 0(c) 52 1 65 48 6 65 47 6 80(d) 56 0 June … 42 39 7 50 0 42 7 54 0 44 10 54 0 44 7 65 0(c) 51 0 65 48 6 65 47 0 80(d) 55 6 July … 42 39 0 50 0 42 8 54 0 44 10 54 0 43 10 65 0(c) 50 10 65 48 9 65 46 8 80(d) 56 5 August … 42 38 10 50 0 42 11 54 0 45 2 54 0 44 1 65 0(c) 51 2 65 48 7 65 46 9 80(d) 56 6 September … 50(a) 45 10 50 0 43 0 54 0 45 3 54 0 44 2 65 0(c) 50 10 65 48 8 65 46 10 80(d) 56 5 October … 50(a) 45 6 54 0(b) 46 0 54 0 45 3 54 0 44 0 65 0(c) 50 4 65 48 5 65 46 5 80(d) (e) November … 50(a) 45 4 54 0(b) 46 1 54 0 45 1 54 0 43 9 65 0(c) 49 6 65 48 2 65 46 2 80(d) (e) December … 50(a) 45 1 54 0(b) 45 9 54 0 45 3 54 0 43 6 65 0(c) 49 6 65 48 1 65 45 11 80(d) Notes (a) Increase effective from 3rd September for existing pensioners over age 70 (men) or 65 (women), and from 1st October for others then of pension age; subsequent awards to pensioners who had not reached pension age by 1st October, 1951 were at the old rate of 26s. (42s. married) to be increased to 30s. (50s. married) from the pensioner's 70th birthday (65th birthday for women). (b) Increase effective from 29th September, 1952. (c) Increase effective from 25th April, 1955. (d) Increase effective from 27th January, 1958. (e) Not yet available.