Written question asked by Lord Field of Birkenhead (Labour) on Monday, 6 November 2000, in the House of Commons. It was due for an answer on Tuesday, 28 November 2000. It was answered by Baroness Primarolo (Labour) on Tuesday, 28 November 2000 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, pursuant to the Answer to the honourable Member for Newport West of 2nd November, Official Report, 355 c575W, for how many years the National Insurance Fund will remain in surplus over and above the recommended surplus if contribution rates remain unchanged and contribution thresholds are uprated in line with average earnings. - Includes figure. (Holding answer 9 November 2000).

Answer: Mr. Field: To ask the Chancellor of the Exchequer, pursuant to the answer to the hon. Member for Newport, West (Mr. Flynn) of 2 November 2000, Official Report, column 575W, for how many years the National Insurance Fund will remain in surplus over and above the recommended surplus if contribution rates remain unchanged and contribution thresholds are uprated in line with average earnings. [137524] Dawn Primarolo: [holding answer 9 November 2000]: The number of years for which the National Insurance Fund would remain in surplus over and above the recommended surplus would be reduced by one year if contribution thresholds were increased by average earnings.

Secondary information

Type: Written question
Reference: 357 c587-8W; 137524
Session: 1999-00
Subjects: Index linking National Insurance Fund National insurance contributions State retirement pensions Uprating Average earnings
Contains statistics: Yes
Link: View this Written question on www.publications.parliament.uk