HC Deb 17 December 2001 vol 377 c154W
Mr. Flight

To ask the Secretary of State for Work and Pensions if he will estimate the cost of the minimum state pension up-rating guarantee in 2004–05 for each half a per cent. if the September retail price index were to undershoot by 2.5 per cent. [21010]

Mr. McCartney

The information requested is in the table.

Inflation rate in 2004–05 (Percentage) Cost of up-rating guarantee (£million)
0.0 700
0.5 550
1.0 400
1.5 300
2.0 150

Note:

Figures are in 2001–02 prices, rounded to the nearest £50 million.