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Retirement Pension (Purchasing Power)

Volume 897: debated on Monday 4 August 1975

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asked the Secretary of State for Social Services what is the purchasing power of the standard retirement pension now compared with the same date last year.

The purchasing power of the single person's pension of £11·60 in June 1975, the latest date for which the general index of retail prices is available, was 18·7 per cent. higher than that of the £7·75 pension in June 1974.