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Retirement Pensions

Volume 205: debated on Wednesday 4 March 1992

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To ask the Secretary of State for Northern Ireland if he will give at 1991–92 prices the gross cost of uprating the retirement pension by average earnings, whole economy, in each year since 1980–81.

[holding answer 27 February 1992]: The estimated costs are as follows:

Financial yearGross cost (£ million)
November 1980–813
November 1981–8211
November 1982–8314
November 1983–8416
November 1984–8530
November 1985–8634

Financial year

Gross cost (£ million)

November 1986–8753
November 1987–8878
November 1988–8995
November 1989–90114
November 1990–91123
November 1991–92126