HC Deb 05 February 1993 vol 218 cc351-2W
2045. Mr. Mandelson

To ask the Secretary of State for Social Security if he will publish figures estimating, on the same basis as estimates made in "Options for Equality in State Pension Age", the cost of a split retirement scheme in which the basic pension is payable at age 60 years and SERPS at age 65 years assuming an alignment of contracting-out terms with the new pension ages, giving figures for(a) 2015, (b) 20205, (c) 2035 and (d)

Miss Widdecombe

The information is in the table.

Year Cost (£ million)
2015 600
2025 600
2035 400

Notes:

1. Figures given at 1990–91 prices.

2. Information for 2045 not available.

3. Figures refer to net public sector borrowing requirement cost.