§ Sir Frederic Bennettasked the Secretary of State for Social Services what would be the cost of paying 850,000 men the current level of basic retirement pension.
§ Mr. RossiAssuming all the men satisfied the contribution conditions for payment at the present standard basic rate of £27.15, the gross cost of their personal pensions would be £1.2 billion a year. On top of that would be the additional cost of pension payments for wives and other dependants and of any additional pension payable under the earnings-related or graduated retirement benefit schemes.