§
19.
Mr. Curran
asked the Minister of Pensions and National Insurance if he will give details about the changes made since 1951 in the earnings-rule limits for retirement pensions, widows' pensions and widowed mothers' allowances; what
(1) CHANGES IN CASH AND PURCHASING POWER |
|
|
|
Retirement and widow's pension |
Widowed mother's allowance |
Date; introduced |
Earnings rule limit |
Equivalent value at March, 1964 prices* |
Earnings rule limit |
Equivalent value at March, 1964 prices* |
|
|
|
s. |
d. |
s. |
d. |
s. |
d. |
s. |
d. |
September, 1951 |
… |
… |
40 |
0 |
59 |
4 |
60 |
0 |
88 |
11 |
July, 1956 |
… |
… |
50 |
0 |
60 |
7 |
60 |
0 |
72 |
8 |
April 1950 |
… |
… |
60 |
0 |
67 |
9 |
80 |
0 |
90 |
4 |
May, 1960 |
… |
… |
70 |
0 |
78 |
5 |
100 |
0 |
112 |
1 |
May, 1963 |
… |
… |
85 |
0 |
86 |
1 |
120 |
0 |
121 |
6 |
March, 1964 |
… |
… |
100 |
0 |
100 |
0 |
140 |
0 |
140 |
0 |
* On the basis of the Retail Prices Index. |
(2) RELATIONSHIP BETWEEN EARNINGS RULE LIMITS AND AVERAGE EARNNGS |
|
|
Retirement pension |
Widow's pension |
Widowed mother's allowance |
|
|
Earnings rule limit |
Earnings rule limit |
Earnings rule limit |
Date introduced |
Amount |
As percentage of men's average earnings* |
Amount |
As percentage of women's average earnings* |
Amount |
As percentage of women's average earnings* |
|
|
s. |
d |
|
s. |
d. |
|
s. |
d. |
|
September, 1951 |
… |
40 |
0 |
24 |
40 |
0 |
44 |
60 |
0 |
67 |
July, 1956 |
… |
50 |
0 |
21 |
50 |
0 |
41 |
60 |
0 |
49 |
April, 1959 |
… |
60 |
0 |
23 |
60 |
0 |
44 |
80 |
0 |
58 |
May, 1960 |
… |
70 |
0 |
25 |
70 |
0 |
48 |
100 |
0 |
69 |
May, 1963 |
… |
85 |
0 |
26 |
85 |
0 |
52 |
120 |
0 |
73 |
March, 1964 |
… |
100 |
0 |
30 |
100 |
0 |
59 |
140 |
0 |
83 |
* Based on Ministry of Labour's enquiries in April and October into the average earnings of manual workers in manufacturing and some of the principal non-manufacturing industries (gross earnings at the nearest date). |