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Pay Settlements

Volume 867: debated on Friday 18 January 1974

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asked the Secretary of State for Employment what number and what proportion of settlements made under phase 3 have taken advantage of the threshold provisions.

This information is not available. It is estimated that at least half of the 4 million workers covered by settlements reported to the Pay Board which provide for principal increases in pay in stage 3 are also covered by provisions in their settlements which take advantage of the cost of living safeguard in the stage 3 code.