HC Deb 31 March 1958 vol 585 c99W
Mr. Cronin

asked the Chancellor of the Exchequer if he will bring up to date the figures given in Table XVII and paragraph 219 of Command Paper No. 9333 and provide approximate estimates for 1957–58 and 1958–59 of the cost in tax relief to the Exchequer on the same lines as the estimates given in paragraph 230 of Command Paper No. 9333 indicating, at the same time, the method of computation.

Mr. Simon

The estimated statistics relating to occupational pension schemes in 1956 are given in the table below.

ESTIMATED FIGURES FOR 1956
Public Services Other industries Totals
Government service including Armed Forces Local Authorities Nationalised industries (a) Internally administered schemes Life Office schemes
Amounts in £ million
Pensions per annum in course of payment 112 28 17 40 10 207
Contributions and premiums payable by:—
Members 24 14 17 28 128 414
Employers 34 33 35 101
Accumulated Funds 400 395 1,230 Not available 2,025 (b)
Numbers in Thousands
Pensioners 550 100 150 200 100 1,100
Members 1,800 500 1,500 2,000 2,500 8,300
Total number of the occupied population 24,100
(a) Includes the British Transport Commission which was included under "Public Service" in Table XVII of Cmd. 9333. Certain Statutory Funds included under this head in that table have also been excluded.
(b) Excluding Life Office schemes.