Retirement Pension (Hansard, 20 July 1982)

HC Deb 20 July 1982 vol 28 c141W 141W

§ 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

	£ 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