§ Mr. FlynnTo ask the Chancellor of the Exchequer what has been the amount of the Treasury supplement in each of the last 10 years; and what are the estimated figures for the next two years. [11715]
§ Mr. DarlingThe Treasury supplement to the national insurance fund was abolished in 1989. From 1993, a new Treasury grant was introduced, and the level of that annual grant has been as follows:
448W
- 1993–94:£7,589 million
- 1994–95:£6,280 million
- 1995–96:£3,575 million
As part of his report to the Secretary of State for Social Security on the 1997 uprating and rerating orders, the Government Actuary has estimated the size of the Treasury grant needed for 1996–97 and 1997–98 to be £1,925 million and £980 million respectively.