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National Insurance Pension

Volume 77: debated on Monday 15 April 1985

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asked the Secretary of State for Social Services on what date the increases in prices caused by indirect tax increases in the Budget will be reflected in an increase in the national insurance pension.

Under the provisions of Sections 125 and 126 of the Social Security Act 1975 retirement pensions are increased in November each year at least in line with the movement in the retail prices index in the twelve months to the preceding May. Thus any changes in prices or taxes which have had an effect on the RPI by May 1985 would be reflectedin the November 1985 uprating.