Part of Oral Answers to Questions — Pensions and National Insurance – in the House of Commons am 12:00 am ar 22 Mehefin 1964.
In fact, the figure is slightly lower than it was a year ago. As the hon. Gentleman knows, the cost of financing an increase in the rates of pension is borne by contributors and the taxpayer, and this is one of the matters which has to be taken into account. It was raised, at a cost of £227 million all round, last year.