HC Deb 25 January 1954 vol 522 cc201-2W
71. Mr. G. Thomas

asked the Minister of Pensions and National Insurance whether he will establish a separate fund for retirement pensions to be maintained directly by the Exchequer.

Mr. Peake

No.

Mr. G. Thomas

asked the Minister of of Pensions and National Insurance what proportion of the workers weekly contribution to the National Insurance Fund is used for retirement pension purposes.

Mr. Peake

Nearly half the employed person's contribution for National Insurance benefits is made in respect of retirement pensions.

Forward to