§ Mr. Burden
asked the Minister of Pensions and National Insurance (1) what was the value in real terms of the retirement pension at 15th June, or at the nearest convenient date, compared with the value in real terms at the date of the last increase in March, 1965;
(2) what would be the cost of restoring the value in real terms of the retirement pension to the value in real terms at the date of the last increase.
§ Miss Herbison
For a single person about 5s. less than in March, 1965, and for a couple about 8s. 2d. less. The cost to the National Insurance Funds of restoring the value of retirement pensions would be of the order of £80 million a year, with a further £35 million a year for other National Insurance benefits.