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Pensions

Volume 164: debated on Thursday 11 January 1990

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To ask the Secretary of State for Social Security if he will publish a table indicating for each of the last 10 years (a) the level of the basic state pension, (b) the average industrial wage and (c) the percentage of average industrial wage represented by the basic state pension.

[holding answer 19 December 1989]: The latest available information is set out in the table. The relationship between state retirement pension and earnings is not the key factor in improving pensioners' income. The key factor is pensioners' total incomes. Pensioners' average total net incomes increased by 23 per cent. in real terms between 1979 and 1986.

1£pw.2£pw.3Per cent.
197923·3086·2027
198027·15106·3026
198129·60119·8025
198232·85132·1025
198334·05143·2024
198435·80155·8023
198538·30167·4023
198638·70181·2021
198739·50194·9020
198841·15213·6019
Source for data on earnings: New Earnings Survey.
1 Basic State Pension.
2 Average weekly earnings of full time adults in all industries and services.
3 Basic state pension as proportion of average weekly earnings.