§ Mr. Nigel GriffithsTo ask the Secretary of State for Social Security what would be the cost of(a) ending the earnings limit to pension entitlement and (b) raising the earnings limit to £100 per week.
§ Mr. Peter Lloyd[holding answer 28 February 1989]: The estimated public expenditure costs of (a) abolishing 717W the retirement pension earnings rule and (b) increasing the level of permitted weekly earnings to £100 would be £355 million1 and £40 million1 respectively in 1989–90.
1 These estimates are based on 1989–90 benefit rates, and do not take account of tax effects.