To ask the Chancellor of the Exchequer how surplus funds from the National Insurance Fund have been allocated over the last five years. (247559)

Under the provisions of Section 161(3) of the Social Security Administration Act 1992, any surplus in the NIF is invested by the Commissioners for the reduction of the national debt (CRND) The role of the CRND is (in accordance with section 161(3) of the Social Security Administration Act 1992) to invest money which is paid over from the fund.