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Dáil Éireann díospóireacht -
Wednesday, 1 Mar 1961

Vol. 186 No. 7

Ceisteanna—Questions. Oral Answers. - Social Welfare Insurance Fund.

14.

asked the Minister for Social Welfare the amount to the credit of the Social Welfare Insurance Fund at 1st January, 1958, 1959, 1960 and 1961.

As the accounts of the Social Insurance Fund relate to financial and not calender years, the information requested as at the 1st January in each year cannot readily be given.

The amount standing to the credit of the Social Insurance Fund as at the 31st March in each of the years 1958, 1959 and 1960 was as follows:—

1958

£14,117,465

1959

£14,129,256

1960

£14,171,696

The fund consists of a Current Account and an Investment Account. The Current Account is managed and controlled by the Minister for Social Welfare and the latter Account is managed and controlled by the Minister for Finance. If the figures I have given are broken down the balances in these accounts during the years in question were:

Year

Current Account

Investment Account

£

£

1958

1,221,423

12,896,042

1959

1,306,615

12,822,641

1960

1,386,967

12,784,729

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