HC Deb 07 February 1964 vol 688 cc236-8W
Mr. Longden

asked the Minister of Pensions and National Insurance what pension a married man would actuarially be entitled to receive on retirement in 1963, assuming that he and his employers had contributed to the National Insurance Fund the contributions which in fact each has contributed since 1948.

Mrs. Thatcher

The maximum amount that could have been contributed for retirement pensions since 5th July, 1948, by an insured man and his employer would, if accumulated with interest at 3½ per cent. per annum to 31st December, 1963, be equal in value to a joint pension of 14s. a week for a man aged 65 with a wife aged 60.