§ 62. Mr. Hurd
asked the Minister of Pensions and National Insurance if he will give an estimate of the cost of increasing old-age pensions all round by 2s. 6d. a week, allowing for the consequent saving in National Assistance grants and at the same time abolishing the tobacco tokens provided for some old-age pensioners.
§ Mr. Boyd-Carpenter
In the first year the estimated additional cost to the National Insurance Fund would be about £30 million and the saving to the Exchequer in respect of National Assistance and tobacco tokens would be nearly £22 million.