§ Mr. Tapsellasked the Secretary of State for Social Services how much revenue he estimates will be lost from the proposed State pension scheme for each 250,000 persons contracted out, assuming a level of abatement of 1 per cent. and 2 per cent., respectively.
§ Mr. CrossmanOn the basis of the estimates set out in Cmnd. 3883, and on the assumption of the same pattern of earnings as for persons contracted out of the present graduated pension scheme, an abatement of 1 per cent. a side on the contribution would lead to a loss of about £6½ million a year in contribution income, or of 2 per cent. a side, £13 million, for each 250,000 persons contracted out.