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Pensions

Volume 80: debated on Friday 14 June 1985

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asked the Secretary of State for Social Services what are his estimates of the numbers of people expected to receive additional component under the state earnings related pension scheme in the tax years 1985–86, 1986–87 and 1987–88; what is the maximum estimated additional component; and what is the estimated average additional component in those years.

[pursuant to his reply, 6 June 1985, c. 245]: I regret that a figure provided in respect of the weekly amount of net additional component was incorrect. The entry should have read:

Estimated weekly amounts of net* additional component
Maximum £Average £
1985–8619·501·85
1986–8723·772·20
1987–8828·552·65
*After deduction of any guaranteed minimum pension(s) from contracted-out occupational pension scheme(s).