HC Deb 23 November 1964 vol 702 cc136-7W
Mr. Evelyn King

asked the Minister of Pensions and National Insurance what is the gross amount receivable by way of National Insurance contributions; how much of this is attributable to each of the social services provided; and to what extent any social service is subsidised from other sources.

Miss Herbison

At their present rates, insurance contributions in 1964–5 from insured persons and employers will amount to about £1,186 million for National Insurance and £69 million for Industrial Injuries insurance. These contributions are used solely for providing the cash benefits of the National Insurance and Industrial Injuries schemes. The schemes are also supported by payments from the Exchequer which will amount to some £220 million for National Insurance and £14 million for Industrial Injuries insurance in 1964–5; and there will be interest earnings of about £54 million on the National Insurance Fund and £15 million on the Industrial Injuries Fund.

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