§ 25. Mr. Giles Shaw
asked the Secretary of State for Social Services whether he will institute a study into a flexible retirement age.
§ 37. Mr. Greville Janner
asked the Secretary of State for Social Services whether phased retirement is in accordance with his policy.
§ Mr. Orme
I would refer the hon. Members and my hon. and learned Friend to my Department's memorandum entitled "Pension Age", a copy of which has been sent to them. As that document makes clear, a flexible retirement age would give rise to a number of problems, notably of cost, and we have no plans for a further study.
§ 19. Mr. Gwilym Roberts
asked the Secretary of State for Social Services what 110W were the latest estimates for the net cost of reducing the pensionable age of men to 60 years, assuming 70 per cent. of the jobs vacated on retirement were filled by the unemployed; and what were the corresponding estimates for phased earlier retirement at 64 years, 63 years, 61 yea's and 60 years, assuming that over a 10-year period 90 per cent. of the jobs vacated were filled by the unemployed.