§ Mr. Campbell-SavoursTo ask the Chancellor of the Exchequer what is the pension payable to a retired Lord Chancellor.
§ Mr. BrookeSince section 29 of the Parliamentary and Other Pensions Act 1972 provides that the Lord Chancellor's pension shall be a fixed proportion of final salary, the pensions of former Lord Chancellors reflect their salary at the time of retirement. These pensions attract pensions increase under the Pensions Increase Act 1971, subject to the condition that they may not exceed the pension that would be payable to the incumbent if he retired. Thus, pensions of former Lord Chancellors cannot at present exceed £35,275.
§ Mr. Campbell-SavoursTo ask the Chancellor of the Exchequer whether the pension payable to a former Lord Chancellor is paid in full where the former Lord Chancellor is appointed to a judicial office.
§ Mr. BrookeNo. Under the letters patent granted to each Lord Chancellor, a pension is not payable while he is in receipt of moneys from an office of profit under the crown equal to or greater than the value of the pension. If the remuneration from such an office is less than the pension, the pension is abated by the amount of such remuneration.