§ Mr. WebbTo ask the Secretary of State for Social Security if he will estimate the value in(a) 2030, (b) 2040 and (c) 2050 of the full basic state pension combined with a full state second pension as a percentage of the rate of minimum income guarantee, assuming that the MIG is indexed to earnings and the basic state pension and state second pension are indexed to prices from their levels announced for 2003. [140459]
§ Mr. RookerWe cannot estimate this at present as the total income gained by State Second Pension recipients will be affected by the proposed Pension Credit. The value and structure of the Pension Credit so far in to the future is not yet known. This is one of the issues we are consulting on at present.