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Mr. Austin Mitchell
asked the Secretary of State for Social Services what savings will have accrued by the end of the fiscal year 1982–83 as a result of the abolition of earnings-related benefits.
Mr. Rossi
Taking account of an offsetting cost on supplementary benefit, it is estimated that the savings from the change in the entitlement formula for earnings-related supplement in January 1981 and its abolition in January 1982 were:
£ million | |
1980–81 | 2 |
1981–82 | 80 |
1982–83 | 270 |