§ Mr. Churchill
To ask the Secretary of State for Social Security how many individuals living in the Falkland Islands are currently in receipt of a British state retirement pension; what would be the additional cost of granting them inflation-proofed pensions; and if he will seek to conclude as soon as possible a reciprocal agreement in respect of the Falkland Islands.
§ Miss Widdecombe
[holding answer 5 May 1993]: In December 1991, the latest date for which figures are currently available, 14 people resident in the Falkland Islands were receiving United Kingdom retirement pensions. The additional cost of paying them inflation-proofed pensions would be approximately £11,000 per year, at 1992 rates. However, any concession on indexation for the Falklands would lead inevitably to pressure to treat pensioners living in other countries in the same way. To inflation-proof United Kingdom pensions worldwide, for the 355,000 British pensioners who do not receive index-linked payments, would cost some £275 million a year. We therefore have no plans to conclude a reciprocal agreement with the Falkland Islands.