89. Mr. W. T. Williams
asked the Minister of Pensions and National Insurance what percentage of persons in receipt of retirement pensions is paid at the standard rate, at a higher rate and at lower than the standard rate, respectively.
§ Mr. Pentland
It is estimated that at 31st December, 1963, about 66 per cent. of retirement pensioners were being paid at the standard rate, 29 per cent. at a higher rate and 5 per cent. at a lower rate.
§ Mr. Evelyn King
asked the Minister of Pensions and National Insurance how many retirement pensioners have a gross income of over £500 per year.
§ Miss Herbison
It is estimated by the Board of Inland Revenue that there are about 1 million retirement pensioners with incomes over £500 a year. About half of these incomes provide for the needs of more than one pensioner.