HC Deb 20 January 1981 vol 997 c141W
Mr. Stallard

asked the Secretary of State for Social Services how many men aged 60, 61, 62, 63 and 64 years, respectively, have already paid sufficient contributions at that age to entitle them to a full pension at statutory retirement age.

Mr. Rossi

I regret that information about the numbers of men of these ages who already satisfy the contribution conditions for a standard rate basic retirement pension at age 65 is not available.

Although the contribution requirements for full basic pension can be met earlier than at age 65, earnings-related additional pension under the new pension scheme can be earned by male employees up to the end of the tax year before reaching 65.

Mr. Foulkes

asked the Secretary of State for Social Services what would be the estimated cost to the national insurance fund of paying to those people who defer their retirement beyond statutory retirement age a 10 per cent. increase in pension for each year retirement is deferred between the ages of 60 and 65 years (women) and 65 and 70 years (men).

Mr. Rossi

I shall let the hon. Member have the information as soon as possible.

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