§ Mr. Robert C. Brownasked the Secretary of State for Social Services what would be the cost of reducing the retirement age from 65 to 60 years; and what the savings in State benefits would be as a result of such a reduction in the retirement age.
§ Mr. PrenticeI refer the hon. Member to my reply to my hon. Friend the Member for Eastleigh (Sir D. Price), on 22 July.—[Vol. 989, c.209–10.]
As that reply indicated, the savings in State benefits other than retirement pensions would be far outweighed by the additional cost of retirement pensions.