§ Mr. LINFIELDasked the Financial Secretary the pensions that would be received by established civil servants with basic salaries of £100, £200, £300, £400, and £500, respectively, if retired after 40 years of service in April, 1914, April, 1921, and April, 1924?
Mr. GRAHAMThe respective pensions would be as follow. For convenience of calculation, it is assumed in this reply that in all cases the pension is calculated in sixtieths, under the Superannuation Act, 1859:
626W
Basic Salary. If retired in April, 1914. If retired in April, 1921. If retired in April, 1924. £ £ s. d. £ s. d. £ s. d. 100 66 13 4* 145 5 10 117 10 0‡ 200 133 6 8† 250 0 8 208 16 0‡ 300 200 0 0 345 5 0 293 18 0‡ 400 266 13 4 440 9 10 379 0 8‡ 500 333 6 8 535 14 2 464 3 4‡ * In addition to a normal permanent addition of £26 13s. 4d. under the Pensions (Increase) Act, 1920, which would become £33 6s. 8d. (making £100 in all) under the terms of the Financial Resolution of which notice has been given in Parliament. † In addition to a normal permanent addition of £40 (making £173 6s. 8d. in all) under the Pensions (Increase) Act, 1920. ‡ The bonus part of this pension, i.e., the excess over the corresponding pension in the first column, is subject to re-assessment quarterly by reference to the average cost of living figure for the preceding three months.