§ Sir S. Summersasked the Minister of Pensions and National Insurance what would be the additional cost to the Exchequer of increasing the earnings rule by 10s., 20s. and 30s. a week respectively.
§ Mr. N. MacphersonThe additional cost to the National Insurance Fund is estimated to be approximately £1 million, £2 million and £3 million a year respectively.
§ Sir S. Summersasked the Minister of Pensions and National Insurance what would be the additional cost to the Exchequer if either of the following changes 207W were made to the earnings rule, namely, the substitution of 3d. in the 1s. for the present 6d in the 1s. deduction from pension, and starting from £1 more than the present figure, or the deduction from the pension of 6d. in the 1s. for £2 instead of £1, again starting from £1 more than the present figure.
§ Mr. N. MacphersonThe additional cost to the National Insurance Fund would be about £2½ million a year for the first proposition and approaching £2¾ million a year for the second.
§ Sir S. Summersasked the Minister of Pensions and National Insurance what would be the additional cost to the Exchequer if either of the following changes were made in the earnings rule, namely, the substitution of 3d. in the 1s. for the present 6d. in the 1s. deduction from pensions, or the deduction from pensions of 6d. in the 1s. for £2 instead of £1.
§ Mr. N. MacphersonThe additional cost to the National Insurance Fund would be just over £½ million a year for the first proposition and about £650,000 a year for the second.