HC Deb 03 December 1964 vol 703 c112W
Lord Balniel

asked the Minister of Pensions and National Insurance what would be the cost of increasing the increment on the retirement pension by ls. 6d. for every 12 contributions paid by the beneficiary after pensionable age during the next financial year and in five years' time.

Miss Herbison

About £¼ million in 1965–66 and about £25 million in 1970–71, assuming that the new rates applied to contributions paid from April, 1965.

Lord Balniel

asked the Minister of Pensions and National Insurance what would be the cost of increasing the increment on the retirement pension payable to a woman by virtue of her husband's insurance by 1s. for every 12 contributions paid by her husband after pensionable age, during the next financial year and in five years' time.

Miss Herbison

About £50,000 million in 1965–66 and about £4 million in 1970–71, assuming that the new rates applied to contributions paid from April, 1965.