HC Deb 12 December 1990 vol 182 cc427-8W
Mr. Meacher

To ask the Secretary of State for Social Security what was the state earnings-related pension payable in each year since 1978; and if he will give a projection for each year to 1999 based on earnings rising by 1.5 per cent. above prices each year for(a) a full-time worker consistently earning half the average wage, using average gross weekly earnings for all full-time workers on adult rates in all industries and services excluding those whose pay was affected by absence, (b) a full-time worker consistently earning the average wage, as above and (c) the maximum addition payable.

Miss Widdecombe

[holding answer 6 December 1990]: The information requested is set out in the table.

The weekly amounts of additional pension payable on retirement on 6th April in the stated year are as follows, for:
Year of Retirement (a) (b) (c)
1978 0.00 0.00 0.00
1979 0.30 0.85 1.30
1980 0.75 1.95 2.90
1981 1.35 3.35 5.25
1982 2.10 5.55 8.45
1983 2.85 7.55 11.70
1984 3.60 9.80 15.10
1985 4.55 12.05 19.10
1986 5.55 14.70 23.25
1987 6.85 18.00 28.50
1988 8.40 21.70 34.00
1989 10.25 26.10 40.45
Year of Retirement (a) (b) (c)
1990 12.70 31.85 48.65
1991 14.70 36.90 56.00
1992 16.85 42.45 63.65
1993 19.20 48.15 72.05
1994 22.05 54.85 81.35
1995 25.00 62.10 91.40
1996 28.30 70.10 102.35
1997 32.00 78.95 114.30
1998 36.10 88.65 127.35

(a) A person on one-half of average earnings.

(b) A person on average earnings.

(c) A person earning at or above the Upper Earnings Limit.

Notes: From 1990 onwards 5 per cent. prices and 6.5 per cent. earnings growth is assumed.

Average earnings are those for all full-time workers on adult rates in all industries and services, excluding those affected by absence.