§ 38. Mr. Houghtonasked the Minister of Pensions and National Insurance what is the present number of certificates of non-participation granted by the Registrar, and the number of employees covered by them.
§ Mr. Boyd-CarpenterUp to 30th June, 32,286 certificates of non-participation covering 4,340,826 employees had been issued by the Registrar.
§ Mr. HoughtonIs the number still rising? What estimate does the Minister now make of the total number who will be contracted out? Does he think it will be 5 million?
§ Mr. Boyd-CarpenterThere is a steady trickle of applications in respect of small schemes. I am not disposed to prophesy, but I think it will be a considerable time before the figure the hon. Gentleman mentions is likely to be reached.
§ Mr. H. HyndWhat effect will these figures, which are much higher than the Minister originally calculated, have on the finances of the scheme?
§ Mr. Boyd-CarpenterAs the other assumptions on which the finances of the scheme were calculated were of a cautious and prudent nature, the income of the scheme overall during the current year will be about £1 million less than anticipated at the time of the 1960 Bill.