HC Deb 07 December 1978 vol 959 cc720-2W
Mr. Arthur Lewis

asked the Secretary of State for the Home Department whether he will publish in the Official Report a table of figures giving for the Metropolitan Police details of pensions and commutations on the basis requested by the hon. Member for Newham, North-West in his letter of 28th November 1978.

Mr. Merlyn Rees:

My hon. Friend sent me a table showing the approximate gross pension and maximum commutation possible for members of provincial police forces retiring on ordinary pension on 1st September 1978 and 1979. The comparable figures for the Metropolitan Police are set out in the table below:

POLICE PENSIONS-METROPOLITAN POLICE As AT 1ST SEPTEMBER 1978
Constable £4,237(a) Sergeant £4,882(a) Inspector £5,857(a)
Years Pensionable Service 1/60ths Pension l/80ths commutation (b) (c) (b) (c) (b) (c)
£ £ £ £ £ £
25 30 90 2,119 4,767 2,441 5,492 2,929 6,589
25½ 31 93 2,189 4,925 2,522 5,675 3,026 6,809
26 32 96 2,260 5,084 2,604 5,858 3,124 7,028
26 ½ 33 99 2,330 5,243 2,685 6,041 3,221 7,248
27 34 102 2,401 5,403 2,766 6,224 3,319 7,468
27½ 35 105 2,472 5,561 2,848 6,408 3,417 7,687
28 36 108 2,542 5,720 2,929 6,591 3,514 7,907
28½ 37 111 2,613 5,879 3,011 6,774 3,612 8,127
29 38 114 2,683 6,038 3,092 6,957 3,709 8,346
29½ 39 117 2,754 6,197 3,173 7,140 3,807 8,566
30 40 ¼nett pension 2,825 9,097* 3,255 10,481* 3,905 12,574*
As AT 1ST SEPTEMBER 1979
Constable £6,019(a) Sergeant £6,569(a) Inspector £7,759(a)
Years Pensionable Service 1/60ths Pension 1/80ths Commutation (b) (c) (b) (c) (b) (c)
£ £ £ £ £ £
25 30 90 3,010 6,771 3,285 7,390 3,880 8,729
25½ 31 93 3,110 6,997 3,394 7,636 4,009 9,020
26 32 96 3,210 7,223 3,503 7,883 4,138 9,311
26½ 33 99 3,310 7,449 3,613 8,129 4,267 9,602
27 34 102 3,411 7,674 3,722 8,375 4,397 9,893
27½ 35 105 3,511 7,900 3,832 8,622 4,526 10,184
28 36 108 3,611 8,126 3,941 8,868 4,655 10,475
28½ 37 111 3,712 8,351 4,051 9,114 4,785 10,766
29 38 114 3,812 8,577 4,160 9,361 4,914 11,057
29½ 39 117 3,912 8,803 4,270 9,607 5,043 11,348
30 40 ¼ nett pension 4,013 12,922*† 4,379 14,100*† 5,173 16,657*†
* Based on age 51 next birthday:£12.88 per £1 of pension surrendered.
†These figures compare with those given in the original table. The actuarial factors have however recently been amended, so that for retirements as at 1st September 1979 £14†00 would be payable as a commuted lump sum for every £1 of pension surrendered.
Notes:
(a) Average annual pensionable pay for officer on top rate for the past year.
(b) Gross pension payable (approximate)before surrender of part of the pension in return for a commuted lump sum.
(c) Lump sum payable if the officer commutes to the maximum extent allowed.