Insurance (Hansard, 10 July 1978)

§ Mr. Orme

Tables P2 and P4 of the report on lower incomes by the Royal Commission on the Distribution of Income 427W and Wealth give comparative information by reference to the long-term benefit rates for a single person and for a married

COMPARISON BETWEEN STANDARD RATE OF RETIREMENT PENSION FOR A MARRIED COUPLE PLUS TWO CHILDREN, GROSS, AND NET EARNINGS: 1948 TO 1977
Standard rate of national insurance retirement pension for a married couple plus two children (standard rate of benefit for man plus wife plus children on his insurance) as percentage of gross and net average weekk earnings of full-time adult male manual workers, October each year 1948 to 1977.
Year October	Average weekly earnings^* plus family allowance/ child benefit	Net income after teducting tax and NI contributions	Standard rate of retirement benefit plus family allowance/child benefit	Net income as percentage of earnings	Benefit as percentage of earnings
	£	£	£	Per cent.	Per cent.
1948	…	7.15	6.90	2.725	96.5	39.5
1949	…	7.38	7.13	2.725	96.6	38.2
1950	…	7.77	7.48	2.725	96.3	36.4
1951	…	8.55	8.24	3.375	96.4	41.0
1952	…	9.33	9.04	3.75	96.9	41.5
1953	.	9.86	9.54	3.75	96.8	39.3
1954	..	10.62	10.23	3.75	96.3	36.7
1955	…	11.55	11.17	4.40	96.7	39.4
1956	…	12.30	11.86	4.40	96.4	37.1
1957	..	12.98	12.41	4.40	95.6	35.5
1958	…	13.23	12.49	5.50	94.4	44.0
1959	…	13.95	13.12	5.50	94.1	41.9
1960	…	14.93	13.94	5.50	93.4	39.5
1961	…	15.74	14.37	6.375	91.3	44.4
1962	…	16.26	14.81	6.375	91.1	43.0
1963	…	17.15	15.73	7.45	91.7	47.4
1964	…	18.51	16.72	7.45	90.3	44.6
1965	…	19.99	17.74	8.75	88.7	49.3
1966	…	20.70	18.23	8.75	88.1	48.0
1967	…	21.77	18.92	9.80	86.9	51.8
1968	…	23.90	19.98	10.10	83.6	50.6
1969	…	25.73	21.22	1010	82.5	47.6
1970	…	28.95	23.19	11.20	80.1	48.3
1971	…	31.83	25.85	15.60	81.2	60.3
1972	…	36.72	29.98	17.50	81.6	58.4
1973	…	41.82	33.30	20.10	79.6	60.4
1974	…	49.53	38.47	25.80	77.7	67.1
1975	…	61.08	45.72	29.80	74.9	65.2
1976	…	68.47	51.66	34.20	75.4	66.2
1977	…	75.39	58.33	39.40	77.4	67.5
^* Average earnings of full-time manual wage earners in manufacturing and some principal non.manufacturing industries, taken from the inquiry conducted by the Department of Employment in October each year

COMPARISON BETWEEN STANDARD RATE OF RETIREMENT PENSION FOR A MARRIED COUPLE PLUS FOUR CHILDREN GROSS AND NET EARNINGS: 1948 TO 1977
Standard rate of national insurance retirement pension for married couple plus four children (standard rate of benefit for man plus children on his insurance) as percentage of gross and net average weekly earnings of full-time adult male manual workers, October each 1948 to 1977.
Year (October)	Average weekly earnings^* and family allowance/child benefit	Net income after deducting tax and NI contributions	Standard rate of benefit for man plus wife plus 4 children	Net income as percentage of gross earnings	Benefit as percentage of net income
	£	£	£	Per cent	Per cent.
1948	…	7.65	7.40	3.225	96.7	43.6
1949	…	7.88	7.63	3.225	96.8	42.3
1950	…	8.27	8.02	3.225	97.0	40.2
1951	…	9.05	8.80	4.125	97.2	46.9
1952	…	1013	9.84	4.80	97.1	48.8
1953	…	10.66	10.37	4.80	97.3	46.3
1954	…	11.42	11.13	4.80	97.5	43.1
1955	…	12.35	12.01	5.55	97.2	46.2
1956	…	13.30	12.96	5.75	97.4	44.4
1957	…	13.98	13.61	5.75	97.4	42.2

428W

couple. Similar tables for a married couple with two and with four children are given below:

429W

Year October	Average weekly earnings^* and family allowance/child benefit	Net income after deducting tax and NI contributions	Standard rate of benefit for man plus wife plus 4 children	Net income as percentage of earnings	Benefit as percentage of net income
	£	£	£	Per cent.	Per cent.
1958	…	14.23	13.73	7.20	96.5	52.4
1959	…	14.95	14.45	7.20	96.7	49.8
1960	…	15.93	15.43	7.20	96.9	46.7
1961	…	16.74	15.93	8.325	95.2	52.3
1962	…	17.26	16.41	8.325	95.1	50.7
1963	…	18.15	17.24	9.65	95.0	56.0
1964	…	19.51	18.54	9.65	95.0	52.0
1965	…	20.99	19.73	11.20	94.0	56.8
1966	…	21.70	20.28	11.20	93.5	55.2
1967	…	23.03	21.24	12.25	92.2	57.7
1968	…	25.90	22.49	12.90	86.8	57.4
1969	…	27.73	23.74	12.90	85.6	54.3
1970	…	30.95	25.71	14.30	83.1	55.6
1971	…	33.83	28.93	21.50	85.5	74.3
1972	…	38.72	33.06	24.10	85.4	72.9
1973	…	43.82	36.31	27.70	82.9	76.3
1974	…	51.53	42.20	35.60	81.9	84.4
1975	…	64.08	50.20	41.10	78.3	81.9
1976	…	71.47	56.95	47.20	79.7	82.9
1977	…	78.39	63.56	54.30	81.1	85.4
^* Average earnings of full-time manual wage earners in manufacturing and some principal non-manufacturing industries, taken from the inquiry conducted by the Department of Employment in October each year.