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Mr. Ted Fletcher
asked the Secretary of State for Social Services if she will publish in the Official Report the rates of retirement pensions as a percentage of the average wage in manufacturing industry for each quarterly period since 1970.
Mr. O'Malley
The information is as follows:
RETIREMENT PENSION IN RESPECT OF A SINGLE PERSON AND A MARRIED COUPLE AS A PERCENTAGE OF GROSS AVERAGE EARNINGS* | ||
Pension as a percentage of earnings | ||
Date | Single Person Percentage | Married Couple Percentage |
1970— | ||
February | 18·9 | 30·6 |
May | 18·3 | 29·6 |
August | 17·6 | 28·4 |
November | 17·1 | 27·7 |
1971— | ||
February | 16·8 | 27·2 |
May | 16·4 | 26·6 |
August | 16·1 | 26·1 |
November | 19·1 | 30·8 |
1972— | ||
February† | — | — |
May | 17·7 | 28·7 |
August | 17·2 | 27·9 |
November | 18·4 | 29·7 |
1973— | ||
February | 18·1 | 29·3 |
May | 17·4 | 28·1 |
August | 16·8 | 27·1 |
November | 18·4 | 29·7 |
1974— | ||
February‡ | 19·0 | 30·6 |
May | 17·7 | 28·6 |
August | 21·1 | 33·7 |
November | 19·5 | 31·1 |
1975— | ||
February | 18·8 | 30·0 |
May | 21·1 | 33·7 |
August | 19·6 | 31·2 |
November§ | 21·4 | 34·2 |
* Estimated average earnings of full-time male manual workers in the manufacturing industries based on the Department of Employment's regular October inquiry. | ||
† As industrial activity was severely disrupted by restricted electricity supplies, the monthly survey was not carried out in February and so no figures are available for this month. | ||
‡ These figures reflect temporary reductions in earnings while three-day working and other restrictions were in operation. | ||
§ Provisional. |