HC Deb 11 December 1992 vol 215 c812W
Mr. Knox

To ask the Chancellor of the Exchequer what would be the tax expenditure savings if people receiving invalidity benefit were not allowed the option of continuing to receive it during the first five years after reaching state pension age.

Mr. Dorrell

It is estimated that if all recipients over retirement age received taxable retirement pension instead of invalidity benefit the tax yield, at 1992–93 levels, would be about £80 million.

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