asked the Minister for Labour if he will give particulars regarding the income and outflow from the Redundancy Fund and the Redundancy and Employers' Insolvency Fund from 1983 to 1986 inclusive; the estimated payments in each year under the redundancy payments Acts; the estimated payments in each year from the insolvency fund other than redundancy compensation; the estimated employers' contributions paid in each of those years; the appropriate rate of employers' PRSI on which the contributions were paid; and if he will make a statement on the matter.
Written Answers. - Redundancy Payments.
165.
The particulars sought are set out in the table below.
Redundancy and Employer's Insolvency Fund
|
Year |
Expenditure |
Income from Employers' Contribution |
Rate of Contribution |
||
|
Redundancy Payment |
Insolvency Payments |
Total |
|||
|
£ |
£ |
£ |
£ |
% |
|
|
1983 |
17,710,247 |
— |
17,710,247 |
616,000 |
0.01 |
|
1984 |
24,878,642 |
— |
24,878,642 |
11,386,750 |
0.4 |
|
1985 |
23,393,809 |
4,045,000 |
27,438,809 |
22,288,500 |
0.5 |
|
1986 |
(prov.)22,034,461 |
(prov.)5,006,229 |
(prov.)27,040,690 |
27,524,000 |
0.6 |