HL Deb 28 October 1985 vol 467 c1441WA
Lord Graham of Edmonton

asked Her Majesty's Government:

Whether they will provide a breakdown of the estimated cost-savings arising from the proposed phasing out of the state earnings-related pension scheme in each year from 1987 to 2000.

Baroness Trumpington

The proposals in the Green PaperReform of Social Security for phasing-out the state earnings-related pension scheme (SERPS) would have no effect on the pension entitlements of people retiring up to 2002. Savings on retirement pensions would not arise until after that date. It would not be possible to estimate any small savings which might arise in other ways until the proposals have been finalised.