HC Deb 02 July 1980 vol 987 c613W
Mrs. Renée Short

asked the Secretary of State for Social Services by how much the national insurance fund has been in surplus for each year since 1950.

Mr. Prentice

The information requested is as follows:

Financial Year and Surplus or deficit of National Insurance Fund*
£ million
1949–50 161.4
1950–51 165.8
1951–52 113.0
1952–53 24.0
1953–54 51.3
1954–55 59.4
1955–56 51.3
1956–57 50.1
1957–58 20.5
1958–59 15.9
1959–60 0.4
1960–61 -7.5
1961–62 30.1
1962–63 3.8
1963–64 -35.4
1964–65 -10.6
1965–66 30.5
1966–67 -7.8
1967–68 -88.6
1968–69 -152.2
1969–70 -88.0
1970–71 64.3
1971–72 -0.6
1972–73 152.6
1973–74 259.5
1974–75 637.6
1975–76 318.9
1976–77 928.0
1977–78 678.5
1978–79 265.4
*Prior to 1975–76 includes National Insurance (Reserve) Fund and Industrial Injuries Fund which were merged with the National Insurance Fund from 1 April 1975.

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