HC Deb 14 March 1955 vol 538 c95W
15. Mr. Hurd

asked the Minister of Pensions and National Insurance what rate of interest is assumed under his regulations to be earned on savings when assessing the eligibility of pensioners to National Assistance.

Mr. Peake

The treatment of capital for Assistance purposes does not turn on any assumed rate of interest but on the extent to which the capital itself is regarded as available for the person's needs under rules laid down in the National Assistance Act.