HC Deb 08 February 1971 vol 811 cc40-1W
Sir B. Rhys Williams

asked the Secretary of State for Social Services what proportion of the pension payable under the flat rate National Insurance Scheme to a man retiring in February, 1971, will have been covered according to conventional actuarial principles by his own contributions, assuming an average career pattern; and what part will have been covered by the contributions of his employers.

Mr. Dean

On an actuarial calculation if he retires now at the age of 65, and has paid an average of 50 contributions a year since 1948 and maximum graduated contributions since 1961, the proportion of a single man's flat-rate pension covered by his own and his employer's contributions would be about 20 per cent. in each case. For a married man with a wife five years younger than himself the proportion would be about 9 per cent. in each case. I regret that it is not possible without an undue amount of elaboration and calculation to refine the figures to take account of average career patterns.