§ Mr. Molsonasked the Minister of National Insurance to state the income of the Insurance Fund from 1st July to 31st December, 1948, and the expenditure separately in respect of the various benefits specified in the National Insurance 20W Act, 1946, Section 10 (1), and in accordance with Section 37 (2).
§ Mr. J. GriffithsThe income of the National Insurance Fund from 5th July, 1948, to 31st December, 1948, was approximately £257 million. The expenditure in respect of the various benefits specified in Section 10 (1) of the National Insurance Act, 1946, during the same period amounted to approximately £169 million, sub-divided as follows:
Payments under Section 37 (2) of the Act made in respect of the same period amounted to approximately £18¼ million.
£million Unemployment Benefit 8 Sickness Benefit 27 Maternity Benefit 4 Widows' Benefits and Guardians' Allowances 10 Retirement Pensions 120 Death Grant (not payable before 5th July,1949) Nil. Total 169