HC Deb 26 July 1962 vol 663 c197W
Mr. B. Taylor

asked the Minister of Pensions and National Insurance (1) how many contributors to the Graduated Pension Scheme, upon retirement, are not entitled to any benefit because their contributions have been less than half a unit;

(2) if he will state the amount transferred to the National Insurance Fund from the contributions to the Graduated Pension Scheme of those who have less than half a unit to their credit on retirement.

Mr. N. Macpherson

Detailed figures are not available. All graduated contributions are paid into the National Insurance Fund and any advantage the Fund may gain from odd amounts of graduated contributions of this kind is more than offset by the cost of rounding up amounts of half a unit or more to a whole unit.