Select Committee on Social Security Minutes of Evidence


TABLE 2.2

NATIONAL INSURANCE FUND PERCENTAGE SHARES OF FINANCING CONTINUED FOR LATER YEARS
1989-901991-92 1993-941995-96 1997-98
Employers52.353.1 46.449.451.9
Employees and other contributors44.3 40.732.840.5 43.9
Taxation etc0.03.0 19.79.13.2
Investment and other income3.4 3.21.11.0 1.0

Source: Government Actuary's Department

CONTRIBUTORY BENEFITS

  55.  Table 3 sets out the entitlement conditions and other main characteristics of the contributory benefits. The personal amount of contributory maintenance benefits which substitute for earnings is taxable, as are the means-tested benefits which replace them for those without contributory entitlement.


 
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Prepared 13 December 1999