§ Mr. JESSE COLLINGSasked the Secretary to the Treasury the total cost, including every item, of administering the National Insurance Act for the year 1912–13, and the total estimated cost of the same for the year 1913–14?
§ Mr. MASTERMANThe figures of actual expenditure for 1912–13 are not yet available. The estimated figures under Part I. of the Act for 1913–14, as I have explained in reply to previous questions, are:—
2134W The sum of £2,615,200 includes the aggregate of the maximum amounts allowed to be carried by societies to their administration account. Any sums saved within these maximum amounts will ultimately be available after valuation for additional benefits.
£ Central Administration … 855,659 Approved Societies and Insurance Committees … 2,615,200 £3,470,859