HC Deb 04 April 1960 vol 621 c3W
48. Mr. Reynolds

asked the Minister of Pensions and National Insurance by how much per week the adult male National Insurance contribution, excluding industrial injuries and Health Service contribution, exceeds the amount actuarially required to cover the cost of benefit.

Mr. Boyd-Carpenter

The amount actuarially required to cover the cost of benefits will of course vary for each contributor with the age at which he began to pay contributions at the current rate.