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Pension And Tax Years (Alignment)

Volume 961: debated on Tuesday 30 January 1979

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63.

asked the Secretary of State for Social Services if he will align the pension year with the tax year so that both begin on the same date.

The Government have no plans to alter the arrangement whereby pensions and other social security benefits are uprated annually in November. This ensures pensioners and other beneficiaries their increases before the onset of winter, with its higher fuel costs, and this has proved to be a satisfactory arrangement.