British Crown

5bob.com


On the first of January 1909, the first Old Age Pensions were given to people over 70 who earned less than £21 a year.

People who had criminal records or were ‘habitually drunk’ did not get it.

The first Old Age Pension was five bob (or five shillings - the money used at the time)

                                                                                five shilling note


                                                                                                                                                    pension book

Old Age Pension Book Postal Order, 1909

five bob today would be £30

 

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5bob.uk

 















 

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