§ Mr. Tim Rentonasked the Minister for the Civil Service what has been the cost, in each of the last six financial years, of inflation-proofing Civil Service pensions; and what is the estimated cost for the current year and next year.
§ Mr. Charles R. MorrisIt 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 The cost of the increase in 1979 will depend on the estimated increase in prices from November 1978 to November 1979.