National Insurance Fund
(asked on 15th September 2016) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what the surplus/deficit in the National Insurance Fund is.
This question was answered on 10th October 2016
There are two separate National Insurance Funds (NIF) one for Great Britain and a significantly smaller Northern Ireland Fund.
The balance on the GB NIF as at 31 March 2015 was £20.9bn and the Northern Ireland NIF was £0.5bn. These balance can be found in the accounts which were published on 29 October 2015, available here: https://www.gov.uk/government/publications/national-insurance-fund-accounts.
The NIF accounts for the year ending 31 March 2016 are currently in the process of being audited prior to publication.