asked the Minister for Social Welfare the surplus of income over expenditure under the provisions of the Social Welfare (Pay-Related Benefit) Act, 1973, for the latest year of its operation.
Ceisteanna—Questions. Oral Answers. - Pay-Related Benefit.
12.
As there is not a separate fund for the pay-related benefit scheme, there is no surplus as such arising from the operation of the scheme. In accordance with the provisions of section 5 of the Social Welfare (Pay-Related Benefit) Act, 1973, income from pay-related contributions, estimated at £26.5 million in 1977, was paid into the Social Insurance Fund and expenditure, estimated at £18.4 million on pay-related benefits, including the cost of administration was paid out of the fund in that year.