HC Deb 05 April 1954 vol 526 c1W
7. Mr. G. Thomas

asked the Minister of Pensions and National Insurance whether he will state the basis on which he calculates that a basic retirement pension rate of £2 10s. per week would cost £570 million.

Mr. Turton

On the assumption that everyone over minimum pension age received an unconditional pension of £2 10s. a week, the immediate cost would be about £900 million a year, which is £570 million more than the anticipated cost of retirement pensions this year.

8. Mr. G. Thomas

asked the Minister of Pensions and National Insurance what estimate he has made of the number of persons registered as being of pensionable age but who are not in receipt of a retirement pension.

Mr. Turton

Just over 2½ million.