§ Mr. DrewTo ask the Secretary of State for Social Security what the difference was in each year since 1980 between the amount by which pensions would have increased if based on(a) the retail prices index and (b) average earnings. [88177]
§ Mr. TimmsThe information is in the table.
>£ per week Uprating date Actual rate paid increased by Retail Price Index Rate if increased by average earnings Rate if increased by higher of earnings or prices November 1980 27.15 27.60 27.60 November 1981 29.60 30.75 30.75 November 1982 32.85 33.35 34.15 November 1983 34.05 36.25 37.10 November 1984 35.80 38.05 39.00 November 1985 38.30 41.35 42.40 July 1986 38.70 43.20 44.30 April 1987 39.50 45.60 46.80 April 1988 41.15 49.15 50.45 April 1989 43.60 53.50 54.90 April 1990 46.90 58.70 60.25 April 1991 52.00 64.30 66.80 April 1992 54.15 69.20 71.90 April 1993 56.10 72.50 75.35 April 1994 57.60 74.80 77.75 April 1995 58.85 77.35 80.40 April 1996 61.15 79.50 83.55 April 1997 62.45 82.85 87.05 April 1998 64.70 86.25 90.60 April 1999 66.75 90.50 95.05 Notes:
1. The Retail Prices Index (all items) has been used as published by the Office for National Statistics.
2. Average Earnings Index Whole Economy (Non Seasonally Adjusted) as published by the Office for National Statistics.
3. Figures have been rounded to the nearest 5 pence at each uprating.
4. From April 1994 the basic rate of Retirement Pension has been increased by 50p to reflect VAT on fuel.