National Insurance Fund

HC Deb 12 January 1989 vol 144 c736W

Mr. Cousins

To ask the Secretary of State for Social Security what was the net surplus or deficit on the national insurance fund for each year since 1977(a) including and (b) excluding Treasury contributions.

Mr. Peter Lloyd

The information is as follows:

(£ million)
	National Insurance Fund surplus/deficit (1)	Treasury Supplement (2) contribution to National Insurance Fund	(1)–(2)
1977–78	678	1,537	-859
1978–79	265	1,976	-1,711
1979–80	535	2,343	-1,808
1980–81	412	2,848	-2,436
1981–82	-991	2,433	-3,424
1982–83	- 23	2,591	-2,614
1983–84	580	2,807	-2,227
1984–85	374	2,597	-2,223
1985–86	315	2,163	-1,848
1986–87	414	2,412	-1,998
1987–88	1,581	2,135	-554
11988–89	2,646	11,623	1,023
11989–90	519	Nil	519
1 Estimates published in the Government Actuary's Report on the Uprating and Rerating Orders Cm. 537.