Retirement Pension (Hansard, 7 July 1982)

§ Mr. Foulkes
asked the Secretary of State for Social Services if he will estimate the average earnings-related addition to the retirement pension, arising out of the new pensions scheme, likely to be paid in 1983, 1985 and 1990; and how many pensioners are likely to remain on the basic rate of pension in each of those years.

§ Mr. Rossi
Available estimates are shown in the table below:

Financial year Total number of retirement pensions^* Of which, total with earnings related additional component Average weekly amount of additional component † & ‡

'000 '000 £ weekly

1983–84 9,130 850 2.70

1985–86 9,270 1,200 3.90

Notes:

^* Includes pensioners with graduated pension but excludes non contributory pension for those over age 80.

† At average 1982–83 benefit rates.

‡ The amounts represent the additional component attributable to the national insurance fund and any guaranteed minimum pension payable to people formerly in contracted out employment.

§ Mr. Foulkes
asked the Secretary of State for Social Services if he will set out in the Official Report a table showing the estimated numbers in receipt of a reduced rate of national insurance retirement pension, indicating the extent to which the pension is less than the standard rate.

§ Mr. Rossi
I refer the hon. Member to table 13.40 ofSocial Security Statistics 1981, a copy of which is in the Library.

Financial year	Total number of retirement pensions^*	Of which, total with earnings related additional component	Average weekly amount of additional component † & ‡
	'000	'000	£ weekly
1983–84	9,130	850	2.70
1985–86	9,270	1,200	3.90
Notes:
^* Includes pensioners with graduated pension but excludes non contributory pension for those over age 80.
† At average 1982–83 benefit rates.
‡ The amounts represent the additional component attributable to the national insurance fund and any guaranteed minimum pension payable to people formerly in contracted out employment.