Older Employees (Redundancies)

Part of Oral Answers to Questions — Social Security – in the House of Commons at 12:00 am on 24th June 1991.

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Photo of Mr Tony Newton Mr Tony Newton , Braintree 12:00 am, 24th June 1991

The hon. Gentleman would not wish to mislead anybody. The retirement pension has been index-linked to the retail prices index and its value has been fully and faithfully protected. The social reality reflected in the earlier answers from my hon. Friend the Member for Maidstone (Miss Widdecombe) is that this age group includes a growing number of people benefiting from the development of occupational and personal pensions.