§ Dr. George TurnerTo ask the Secretary of State for Social Security, pursuant to his answer of 8 May 2000,Official Report, column 275W, on the state pension, if he will identify separately the costs of (a) a £5 increase at 75–79 years and (b) a £10 increase at 80 years, if each increase were to be implemented without the other. [122251]
§ Mr. RookerThe information is in the table.
£ million £5 increase at 75 £10 increase at 80 Gross cost 1,100 1,200 Net cost after income-related benefits offset 750 800 Net cost after income-related benefits offset and taxation 700 700 Notes:
1. Part (a) of this question has been interpreted as a £5 increase for all those aged 75 and above rather than 75–79, otherwise people would receive a £5 increase at 75 then lose it again at age 80.
2. All costs are in £ million, rounded to the nearest £50 million, and are for 2000–01. Figures may not sum due to rounding.
149W3. Other benefits, whose rates are linked to the basic State pension, are not included.
4. Gross costs estimated by the Government Actuary's Department.
5. Income-related benefits offsets estimated by Analytical Services Division, Department of Social Security.
6. Income tax receipts estimated by the Inland Revenue.