Social insurance.

Date:
1944
Catalogue details

Licence: Public Domain Mark

Credit: Social insurance. Source: Wellcome Collection.

    41/64 page 41
    APPENDIX I Memorandum by the Government Actuary on the Finance of the Government’s Proposals In this memorandum the value of the social insurance benefits is expressed in terms of contributions, and estimates are given of the expenditure and income in a series of future years, under the Government’ S proposals in Part I of the White Paper on Social Insurance. SUMMARY OF THE PROPOSALS 1. For convenience of reference the cash benefits payable under the Govern- ment’s proposals to or in respect of a person aged 18 or over (referred to here- inafter as an adult) insured as a contributor in Class I, i.e., a person normally working for an employer, are summarised below. Sickness, Invalidity and Unemployment Eenefits and Retirement Pensions The weekly rates of benefit are: — Unemploy- Sickness | Invalidity ment Retirement Benefit Benefit Benefit Pension Spa. sd. Sd. Sead Single man or woman Married man with gainfully occu- 2h 20 Oo 24 0 20. 0 pied wife ’ Married man with wife not gainfully 40 O aoe oO 40 O 35° 0 occupied Married woman, gainfully occupied... 26, Oo L660 20-0 20 O Dependant’s allowance, where LO. @ 55, 0 £6.50 — payable The above rates are increased by 5s. where the beneficiary has a single jJependent child, or, if he has more than one such child, by 5s. in respect of the first child. For sick persons who are maintained in hospital the ordinary rate of benefit or pension is subject to a reduction of 10s. a week commencing after 28 days of residence. Sickness benefit is payable for not more than 3 years of “‘ linked-up ’’ sickness, and when exhausted is followed by invalidity benefit. Unemp.oy- ment benefit is payable for not more than 30 weeks of ‘‘ linked-up ’’ unem- ployment (subject to the provision regarding additional days for persons with a good record) and when exhausted may be followed by payments under national assistance. Spells vi sickness or of unemployment are ‘‘ linked-up ”’ if separated by less than 3 months. Retirement pension is payable at age 65 (men) or 60 (women) or later, on cessation of work. Deferment of pension, and payment of further insurance contributions after the pensionable age, entitles the pensioner to an increase ef Is. a week (2s. in a joint pension) for each further year’s contributions paid. Benefits to Widows (i) Widow’s benefit at 36s. a week (with the addition of 5s. if she has one or more dependent children) for the first 3 weeks of widowhood; followed either by (11) Guardian’s benefit at 24s. a week (plus 5s. for the first child) if, and for so long as, she has dependent children, and widow’ s pension at 20s. a week
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