Orders of the Day — Widows', Orphans' and Old Age Contributory Pensions [Money].

Part of the debate – in the House of Commons at on 1 November 1929.

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Motion made, and Question proposed, That for the purpose of any Act of the present Session to make provision for amending the Widows', Orphans', and Old Age Contributory Pensions Act, 1925, Section three of the Old Age Pensions Act, 1908, Section three of the Old Age Pensions Act, 1919, and the enactments regulating the right to become a voluntary contributor under the National Health Insurance Acts, 1924 to.1928, it is expedient—

  1. (a) to authorise the payment out of moneys provided by Parliament into the Treasury pension account constituted under Section eleven of the Widows', Orphans', and Old Age Contributory Pensions Act, 1925, of the following sums, that is to say:
    1. (1) for the year ending the thirty-first day of March, nineteen hundred and thirty-one, the sum of nine million pounds;
    2. (2) as respects the period of twelve years next succeeding, for the first year of the period the sum of ten million pounds, and for each successive year of the period a sum greater by one million pounds than the sum payable under this resolution for the year immediately preceding;
    3. (3) for each of the next three succeeding years the sum of twenty-one million pounds;
    4. (4) thereafter such sums as Parliament may hereafter determine; and
  2. (b) to authorise the payment out of moneys provided by Parliament of such sums as may be payable by virtue of the said Act of the present Session on account of old age pensions payable under the Old Age Pensions Act, 1908 to 1924; and
  3. (c) to authorise the payment out of moneys provided by Parliament of such additional sums as may, by reason of the provisions of the said Act relating to the right to become a voluntary contributor under the National Health Insurance Acts, 1924 to 1928, be required for the purposes of those Acts."—[King's Recommendation signified.]