HC Deb 01 May 1995 vol 259 c105W
14. Sir Michael Neubert

To ask the Secretary of State for Social Security what will be the long-term effect on public spending of the social security reforms he has announced so far. [20133]

Mr. Lilley

The major reforms announced so far, particularly incapacity benefit and job seeker's allowance, will reduce projected expenditure by £4 billion a year by the end of the century.

In the next century, once the reforms contained in the Pensions Bill currently before this House have worked through, total savings will be £14 billion a year.