Pension Funds (Hansard, 27 January 1984)

§ Mr. Norman Atkinson

asked the Chancellor of the Exchequer if he will estimate aggregate pension funds invested both home and abroad; and what percentage this represents of total investment.

Real earnings after income tax, NI contributions and child benefit
(April 1979=100)
	At the lowest decile of gross earnings	At median gross earnings	At the highest decile of gross earnings
	Single	Married	Married +2 children^*	Single	Married	Married +2 children^*	Single	Married	Married +2 children^*
April 1979	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0
April 1980	99.8	99.5	97.0	100.9	100.6	98.7	104.8	104.5	102.9
April 1981	96.1	95.2	94.1	98.1	97.4	96.3	105.5	104.8	103.5
April 1982	94.3	93.9	93.1	97.4	97.0	96.0	105.0	104.4	103.2
April 1983	97.9	97.9	97.4	101.4	101.2	100.5	110.3	109.9	108.7
^* Both under age 11.

Gross earnings are those recorded in each April's new earnings survey for all full-time adult males whose pay was not affected by absence. Income tax rates and allowances for April 1979 are those specified in the Finance Act 1979, later replaced by those announced in June 1979; for subsequent Aprils, they are the rates and allowances for the financial year immediately following. Taxpayers are assumed to have no reliefs or allowances other than the appropriate personal allowances. National Insurance contributions are at the contracted-in rate. The calculations take no account of means-tested benefits to

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