PENSION AND WELFARE PAYMENTS: COSTS (Hansard, 13 April 1988)

HL Deb 13 April 1988 vol 495 c1135WA 1135WA

§ Lord Rippon of Hexham
asked Her Majesty's Government:
What is the current national cost of one week's old age pension and social security payments.

§ The Parliamentary Under-Secretary of State, Department of Health and Social Security (Lord Skelmersdale)
The average national cost of one week's retirement pension in 1987–88 was £368 million. The average weekly cost of all social security payments (including rate rebates) was £912 million.