HC Deb 30 November 1961 vol 650 c94W
Mr. William Clark

asked the Minister of Pensions and National Insurance what would be the estimated cost to the Exchequer if the earnings rule for retirement pensioners were increased from £3 10s. to £4, to £4 10s., and to £5 weekly, respectively.

Mrs. Thatcher

On the assumption that no changes were made in respect of widows and widowed mothers, I estimate the cost of a 10s. increase in the earnings limit for retirement pensioners as about £½ million a year. This would fall on the National Insurance Fund. I regret that it is not possible at present to give even approximate figures in respect of the further increases mentioned in my hon. Friend's Question.