§ Mr. BradleyTo ask the Secretary of State for Social Security what estimate he has made of the money to be saved in a full year by moving(a) in total and (b) in each region reduced earnings allowance recipients on to retirement allowance. [10119]
§ Mr. Roger Evans[holding answer 19 January 1996]: The table gives the estimate of the savings from transferring most over pensionable age reduced earnings allowance recipients to retirement allowance in 1996–97 in line with the proposed change announced by my right hon. Friend the Secretary of State in November 1995. Recipients of REA who had retired before 10 April 1989 would not be affected by the proposed change.
Region Estimates of net savings £ million ENGLAND Northern 4 Yorkshire and Humberside 2 East Midlands 1 East Anglia — South East 3 South Western 1 West Midlands 2 North Western 3 SCOTLAND 2 WALES 2 OVERSEAS — Total (Great Britain and overseas) 20 1. Estimates are for the 1996–97 financial year and are at cash prices.
2. "—" denotes a saving of less than £0.5 million.
3. Estimates are rounded to the nearest £1 million, except the total savings which are rounded to the nearest £5 million. Estimates are not accurate to this degree.
4. Any additional income related benefit expenditure has been offset against the savings.
5. Regional breakdown based on former Social Security administrative regions.