§ Mr. Brothertonasked the Minister for the Civil Service what is his estimate of the additional cost to date of pensions for civil servants in each year since the passing of the Pensions (Increase) Act 1971.
§ Mr. Charles R. Morris:It is estimated that the additional cost over the first full year—it declines progressively thereafter—of implementing increases in Civil Service pensions under the Pensions (Increase Act 1971 was as follows:
Year Main percentage increase First year's cost £million 1972 9.9 9 1973 9.3 10 1974 16.5 21 1975 26.1 41 1976 13.8 31 1977 17.7 48 1978 7.4 25 However, in addition to the cost of indexation the total costs of Civil Service pensions in any year reflect a number of other factors including variations in the number of pensioners, their average salary and reckonable service on retirement.