Mr Major’s Written Parliamentary Answer on the Retirement Pension – 31 January 1986

Below is the text of Mr Major’s written Parliamentary Answer on the Retirement Pension on 31st January 1986.

Mr. Coombs Asked the Secretary of State for Social Services what would be the cost of providing the basic retirement pension at a level one third of national average earnings in industry for a single person, and one half for a married couple.

Mr. Major The estimated additional cost of raising the basic retirement pension to one third of national male average earnings for a single person and one half for a married couple would be £10,250 million in a full year on current benefit rates.