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Index-Linked Pensions

Volume 973: debated on Tuesday 13 November 1979

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asked the Secretary of State for Social Services what percentage of (a) all pensioners and (b) pensioners excluding national insurance retirement pensioners receive index-linked pensions.

All State scheme retirement pensions and the guaranteed minimum pensions payable to employees who have been contracted-out of the new pension scheme are protected against inflation. About 64 per cent. of occupational pensions in payment are index-linked. Most other occupational pensions are increased, but the extent and the frequency vary from one scheme to another.