§ Mr. Patrick Jenkinasked the Minister for the Civil Service what is his estimate of the cost of awarding pension increases at the age of 55 years instead of 60 years in respect of the Armed Forces and the remainder of the public service, respectively.
§ Mr. ShoreThe first year cost would be about £5 million and £1 million for the Armed Forces and the remainder of the public service respectively.
§ Mr. Patrick Jenkinasked the Minister for the Civil Service what is his estimate of the cost of bringing all pensioners over 60 years of the Armed Forces and the remainder of the public service, respectively, on to the appropriate pensions or retired pay rates for equal rank or grade and length of service in force at their 60th birthday, and granting to them increases applicable since attaining that age.
§ Mr. ShoreI regret that this information would involve the reassessment of many thousands of individual pensions and could only be made available by a disproportionate expenditure of time and money.
§ 94. Mr. Patrick Jenkinasked the Minister for the Civil Service what was the cost, under the 1969 Pensions (Increase) Act, of the increases granted on 1st April, 1969, to those retired members of the Armed Forces and to the remainder of the public sector, respectively, who were in receipt of pensions which began on or after 1st April, 1960, and not later than 1st July, 1967.
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§ Mr. Peter ShoreAbout £7.5 million in the first year for the public services directly covered by the Act. For the Armed Forces the percentage increases depend on the pension Code in operation at the time of retirement. The Codes operative between the dates of 1st April, 1960 and 1st July, 1967 were those of 1959 (other ranks), 1960 (officers), 1962, 1964 and 1966. The first year cost of the 1969 increases for those pensioned on these Codes is about £350,000.