"Real value" of Social Security Fund maintained despite Covid and inflation

"Real value" of Social Security Fund maintained despite Covid and inflation

THE Social Security Fund has “maintained itself in real value” over the past four years despite inflationary pressures, a senior Treasury official has said amid concerns over the long-term implications of plans to reduce the amount paid into it. The matter was discussed by the Health and Social Security Scrutiny Panel during a hearing with Social Security Minister Lyndsay Feltham about the government’s proposed 2026 to 2029 Budget. The document …