Part of Oral Answers to Questions — Pensions and National Insurance – in the House of Commons at 12:00 am on 29 June 1964.
Hon. Richard Wood
, Bridlington
12:00,
29 June 1964
No, Sir. It has always been planned that the income of the Industrial Injuries Scheme should substantially exceed its expenditure in its early years in order to build up a fund, so that income and expenditure may be in balance when the scheme reaches maturity.