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62807
registered interest false more like this
date less than 2014-06-19more like thismore than 2014-06-19
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading National Insurance Contributions more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government whether they make public how National Insurance contributions are distributed and to which expenditure; and, if so, how National Insurance contributions are dispersed. more like this
tabling member printed
Lord Christopher more like this
uin HL487 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2014-06-30more like thismore than 2014-06-30
answer text <p>The destination of National Insurance contributions (NICs) is set out in Section 162 of the Social Security Administration Act 1992 and Section 142 of the Social Security (Northern Ireland) Administration Act 1992. NICs are paid into the National Insurance Funds (NIF) after deducting the appropriate NHS allocation. Contributory benefits are paid out of the Funds and the amounts are published in the National Insurance Fund Accounts[1].</p><p> </p><p> </p><p>[1] <a href="https://www.gov.uk/government/publications/national-insurance-fund-accounts" target="_blank">https://www.gov.uk/government/publications/national-insurance-fund-accounts</a></p><p> </p> more like this
answering member printed Lord Deighton more like this
question first answered
less than 2014-06-30T15:27:01.4290578Zmore like thismore than 2014-06-30T15:27:01.4290578Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
3395
label Biography information for Lord Christopher more like this