HC Deb 10 October 1912 vol 42 c511
41. Mr. FELL

asked what will be ultimately done with the funds arising from payments by employers under the National Insurance Act in the cases where for various reasons the employed persons cannot under any circumstances receive any benefits from the money paid in on their behalf by the employers?


I know of no such case as is suggested in the question. The only case in which the employers' contributions are not applied for the purpose of insuring the individual in respect of whom they are made are those payable under Section 4 (4) of the Act in respect of exempt persons and persons who in future become employed after attaining the age of sixty-five and have not previously been employed contributors. These contributions have to be dealt with in accordance with Regulations to be made by the Insurance Commissioners, and in making such Regulations they will consider methods for the application of these sums for the benefit of the persons in respect of whom they are made.