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State Retirement Pensions

Volume 487: debated on Tuesday 10 February 2009

To ask the Secretary of State for Work and Pensions what the value of the additional pension paid at the age of 80 would be if it had been indexed to (a) earnings and (b) prices since 1997. (253565)

The value of the age addition, paid at age 80, if indexed to (a) earnings and (b) prices since 1997, is shown in the following table.

Pence

Indexed to earnings

Indexed to prices

1998

26

26

1999

27

27

2000

29

27

2001

30

28

2002

31

28

2003

32

29

2004

34

30

2005

35

31

2006

37

31

2007

38

33

2008

39

34

Note:

The indices used to link to earnings and prices are the average earnings index and the retail prices index, respectively.

Source:

Office for National Statistics