HC Deb 16 May 1957 vol 570 cc45-6W
Dr. Stross

asked the Minister of Pensions and National Insurance what was the percentage proportion of the Exchequer contribution to the National Insurance Fund in 1949–50 and 1955–56.

Miss Pitt:

Expressed as a percentage of total contribution income, the Exchequer payments to the National Insurance Fund in these years were about 27 per cent, and 15 per cent, respectively.

Dr. Stross

asked the Minister of Pensions and National Insurance what are the total reserves including the sum total of the annual surpluses and the amount brought over from the old insurance schemes at the latest available date.

Miss Pitt:

The balance in the National Insurance and Reserve Funds together at 31st March, 1956, was £1,485 millions.