National Insurance Fund

HC Deb 31 January 1990 vol 166 cc191-2W

Mr. Austin Mitchell

To ask the Secretary of State for Social Security what was the surplus or deficit in the national insurance fund for each financial year since 1979; and what is his estimate for the current year and for 1990–91.

Mrs. Gillian Shephard

The information requested is in the table.

	Surplus/deficit of fund income against expenditure for each year £ billion	Balance held in the national insurance fund at the end of each year £ billion
1979–80	+0.54	4.63
1980–81	+0.41	5.04
1981–82	-0.99	4.05
1982–83	-0.03	4.02
1983–84	+0.58	4.60
1984–85	+0.38	4.98
1985–86	+0.31	52.9
1986–87	+0.42	5.71

	Surplus/deficit of fund income against expenditure for each year £ billion	Balance held in the national insurance fund at the end of each year £ billion
1987–88	+1.58	7.29
1988–89	+3.08	10.37
1989–901	-0.96	9.41
1990–911	-1.70	7.69
1 Figures for 1989–90 and 1990–91 are estimates by the Government Actuary.