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Old Age Pensioners (Earnings Rule)

Volume 466: debated on Tuesday 28 June 1949

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18.

asked the Minister of National Insurance if he will now introduce legislation to raise the earning limit for old age pensioners above which the amount of pension payable may be reduced, from 20s. to 40s.

The earnings rule applies only to those under age 70 (65 for women) who have retired from regular work. It is an integral part of general provisions designed to encourage all who can to continue in regular employment beyond minimum pensionable age. On the information at present before me. I am not satisfied that the change suggested would serve this national interest.