HC Deb 21 June 1994 vol 245 c147W
Mr. Dewar

To ask the Secretary of State for Social Security what is his best estimate of the cost of the one per cent. addition currently paid to the holders of appropriate personal pensions aged 30 years or over in a full year.

Mr. Hague

The cost was estimated to be around £165 million for a full year in the financial memorandum accompanying the Social Security Act 1993, which introduced this measure. There is as yet no evidence to suggest that this estimate needs to be revised.

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