HC Deb 13 July 1971 vol 821 c43W
12. Mr. Strang

asked the Secretary of State for Social Services what is his latest estimate of the percentage reduction in the purchasing power of the national insurance pension since November, 1969.

Mr. Dean

As measured by the General Index of Retail Prices, the purchasing power of the standard national insurance retirement pension fell by 12.9 per cent. over the period November, 1969, to May, 1971.