§ Mr. J. E. B. Hillasked the Chancellor of the Exchequer if he will make a statement showing, as fully as possible, the statistical bases of the varying estimates made from time to time of the initial cost of granting current parity for all Civil Service pensions.
§ Mr. MacDermotThe Estimates are based on samples of all Civil Service pensions in payment. The full cost of pensions assessed on the basis of parity is derived from the sample and this is set against the cost of pensions on the present basis. The initial additional cost of granting current parity is therefore the212W difference between the two. It follows that it rises with increases in pensionable emoluments and falls when current pensions rise as a result of Pensions (Increase) Acts.