§ Mr. Dellasked the Secretary of State for Social Services what calculation he has made as to the pension earned by an employed person who at age 30 years with regular annual earnings of £1,500 leaves an employment covered by an occupational pension scheme after four years and 11 months and is paid into the reserve pension scheme as compared with the pension earned by a person in identical circumstances who has been in the reserve pension scheme throughout that period.
§ Mr. DeanAssuming the leaving date to be the birthday and midway through the income tax year, the pension earned by a reserve scheme premium for the period of service would be £1.88 a week 321W for a man and £1.27 a week for a woman. The respective amounts earned by contributions paid continuously into the reserve pension scheme over the same period would be £2.07 for a man and £1.40 for a woman. These scale rates of pension would of course be subject to increase by bonuses which reflect the period of membership of the scheme.