HC Deb 23 June 1958 vol 590 cc7-8W
Mr. Marquand

asked the Chancellor of the Exchequer what he estimates would be the additional cost to the House of Commons Members' Fund if retirement pensions of £500 per annum were payable without examination of means to hon. Members who had reached the age of 65 or 70 years, respectively, and had rendered a total of at least 20 years' service as Members.

Mr. Simon

If such pensions were paid to those existing former Members who have reached age 65 the additional annual cost to the fund today is estimated at £28,000; and at £23,000 if paid only to those who have reached age 70. I can make no estimate for the future.

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