§ 6. Mr. GEORGE LAMBERT
asked the Minister of Labour the total contributions to the unemployment insurance fund for the year ending 31st March, 1931, of the Exchequer, employers, and employed, respectively; and, assuming the live register remains the same and no changes are made in rates of contribution or benefit, what will be the contributions of the Exchequer, employers, and employed, respectively, for the year ending 31st March, 1932?
§ Miss BONDFIELD
As the reply is somewhat long, and contains a number of figures, I will, if I may, circulate it in the OFFICIAL REPORT.
§ Following is the reply:
§ The contributions to the Unemployment Fund during the year ended 31st March, 1931, when the average live register was about 2,200,000 were approximately as follow:
|Exchequer (exclusive of contribution in respect of transitional benefit)||14,900,000|
§ Assuming that the average live register for 1931– remains the same, and that no changes are made in rates of contribution or benefit, the estimated contributions for the year are:
|Exchequer (exclusive of contribution in, respect of transitional benefit)||15,342,000|
§ In addition, the Exchequer pays a sum equal to the cost of transitional benefit and its administration. This amount in 1930–1 was about £20,600,000, and the estimate for the current year is £30,000,000.