§ 43. Mr. W. Wellsasked the Chancellor of the Exchequer whether the terms of reference of the committee on the problems involved in providing for old age include examination of the effects on the employment of older workers of the requirements of those insurance companies which finance pensions schemes; and whether he will ask the committee to consider the desirability of the conditions made by some such companies that all employees shall be covered and that no new entrants over a given age shall be admitted.
§ Mr. R. A. ButlerThe terms of reference which I announced on Thursday, 2nd July, do not preclude examination of the effects on the employment of older workers of the requirements of those insurance companies which finance pension schemes. However, I do not think it would be proper for me to direct the attention of the committee to specific points of this kind.