Written question asked by Lord Flight (Conservative) on Monday, 3 December 2001, in the House of Commons. It was due for an answer on Monday, 17 December 2001. It was answered by Ian McCartney (Labour) on Monday, 17 December 2001 on behalf of the Department for Work and Pensions.

Dept for Work and Pensions

Question: To ask the Secretary of State for Work and Pensions, if he will estimate the cost of the minimum state pension up-rating guarantee in 2004-05 for each half a per cent. if the September Retail Price Index were to undershoot by 2.5 per cent. - Inc table.

Answer: Mr. Flight: To ask the Secretary of State for Work and Pensions if he will estimate the cost of the minimum state pension up-rating guarantee in 2004-05 for each half a per cent. if the September retail price index were to undershoot by 2.5 per cent. [21010] Mr. McCartney: The information requested is in the table. _________________________________________________________________________________________________. Inflation rate in 2004-05 (Percentage) Cost of up-rating guarantee (£ million) 0.0 700 0.5 550 1.0 400 1.5 300 2.0 150 _________________________________________________________________________________________________. Note: Figures are in 2001-02 prices, rounded to the nearest £50 million.

Secondary information