Skip to main content

Pension Proposals

Volume 892: debated on Tuesday 13 May 1975

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Secretary of State for Social Services, on the assumption that the provisions of the Social Security Pensions Bill come into operation with average earnings at the level of £60 per week and thence-forward earnings increase by 8 per cent. per annum and prices by 5 per cent. per annum, what

Period new scheme in forceAverage weekly earnings of full-time male manual workersBasic component of pension per weekAdditional component of pension per week of a man retiring after the scheme has been in force for
5 years10 years15 years20 years
5 years88·2020·104·10
10 years129·5029·505·3012·10
15 years190·3043·306·7015·5026·70
20 years279·7063·608·6019·8034·1052·40