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Pensions and Benefits

Oral Answers to Questions — Pensions and National Insurance – in the House of Commons at 12:00 am on 29th June 1964.

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Photo of Miss Edith Pitt Miss Edith Pitt , Birmingham, Edgbaston 12:00 am, 29th June 1964

asked the Minister of Pensions and National Insurance by how much the real value of the pensions and benefits of the National Insurance and Industrial Injuries schemes his improved since October 1951.

Photo of Hon. Richard Wood Hon. Richard Wood , Bridlington

As the Answer contains a number of figures, I will, with permission, include a table in the OFFICIAL REPORT.

Photo of Miss Edith Pitt Miss Edith Pitt , Birmingham, Edgbaston

Would I be right in thinking that all these figures show an increase in purchasing power since 1951? Does this not mark up two credits, one to the Government, who have honoured their pledge that pensioners shall share in the increased prosperity, and secondly, to the management and workpeople who, under a private enterprise system, have brought about the production which has made the increase possible—contrary to what happened when the party opposite was in power?

Photo of Hon. Richard Wood Hon. Richard Wood , Bridlington

My hon. Friend is totally correct on all counts.

Mrs. Slater:

Does the hon. Gentleman not realise that none of us is unaware of this death-bed repentance of Tory Members on the back benches, and that this pre-election stunt with no promise of doing anything for these people counts neither here nor outside? Does the right hon. Gentleman not realise that this argu-

October, 1951Increase in real value comparing present rate with 1951 rate
Present rates of benefitRate payableEquivalent at May, 1964 prices*Amount (at current prices)Per cent.
£s.d.£s.d.£s.d.£s.d.
Unemployed or sick person—
Single man or woman3761601181118773
Married couple590220321026273
Married couple with three children†8110370504310871
Widow, no children3761601181118773
Widow, three children†90021504244178119
Retirement pensioner—
Single person3761100‡241112750
Married couple5902100‡31410114246
Industrial disablement pensioner with pension at 100 per cent. rate (or persons with injury benefit)515025037427871
* On the basis of the Retail Prices Index.
†Including family allowances under Family Allowances Act 1945.
‡The higher of the two rates of retirement pension in payment from the autumn of 1951.