HC Deb 20 July 1982 vol 28 c141W
Mr. Race

asked the Secretary of State for Social Services what is his most recent estimate of the cost in a full year and at 1981 survey prices of uprating the retirement pension by (a) 5 per cent., (b) 10 per cent., (c) 15 per cent., (d) 20 per cent., (e) 25 per cent. and (f) 30 per cent.

Mr. Rossi

The full year cost of increasing retirement pension in 1982–83 taking account of saving on supplementary pensions would be as follows:

£ million
(a) 5 per cent. 520
(b) 10 per cent. 1,050
(c) 15 per cent. 1,585
(d) 20 per cent. 2,135
(e) 25 per cent. 2,700
(f) 30 per cent. 3,270