HC Deb 06 February 1957 vol 564 cc69-70W
Mr. Lewis

asked the Minister of Pensions and National Insurance to publish in HANSARD a table of figures showing the amounts of the retirement pensions in 1945; the dates on which these pen- sions were increased; and, taking the £ sterling as having a purchasing value of 20s. in 1945, what was the relative purchasing value of these pensions on the dates stated, after allowing for the depreciation in the purchasing value of the £ sterling.

Mr. Boyd-Carpenter

The information is given in the following table:

Date Rates of pensions *Values (£=20s. in 1945)
Single Married Single Married
s. d. s. d. s. d. s. d.
1945† 10 0 20 0 10 0 20 0
30th Sept., 1946‡ 26 0 42 0 26 0 42 0
1st Oct., 1951§ 30 0 50 0 23 4 38 10
2nd Oct., 1952 32 6 54 0 23 7 39 3
25th April, 1955 40 0 65 0 27 3 44 3
* By reference to Cost of Living and Retail Prices Indexes.
† Old age pensions.
‡ Old age pensions subject to retirement.
§ New pensions continued to be awarded at the old rates to pensioners who attained pensionable age after 1st October, 1951.