HC Deb 03 March 1975 vol 887 cc328-9W
Mr. Cartwright

asked the Secretary of State for Social Services what is her estimate of the proportion of the increase in retirement pensions paid in July 1974 now eroded by rising prices.

Mr. Alec Jones

On the basis of the General Index of Retail Prices, the increased retirement pension rates introduced in July 1974 had lost 8.5 per cent. of their real value by January 1975.