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Old 26-10-2010, 07:13   #9
Hugh
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Re: A non means tested flat rate pension for all?

From the actual article
Quote:
Some women who currently fail to qualify for the full basic state pension because they have stopped working to raise children and therefore lack enough NI contributions.
Women are disadvantaged at present because they are normally the carers for children, so I believe it is right that they should get the same pension.

btw, it's a popular myth that the NI Contributions pay for the State Pension
Quote:
You are required to pay National Insurance contributions in order to ensure that you are entitled to receive certain state benefits if you need them, and the State Pension when you retire.

The contributions you make are not direct savings for your own pension: the contributions that taxpayers make today are paying for the pensions of today.

The pensions of the future will be paid for by the taxpayers paying contributions in the future
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