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Re: * News * Politics * Economic policy Ministers admit family debt burden i
Quote:
Originally Posted by Chrysalis
One problem is that of course some people live so tight that they simply cannot afford a pension. Any system that would be brought in would have the state paying for the poor still.
It is worth mentioning that NI tax income exceeds pensions out costs as well as IB costs, the budgets it is supposed to fund. The issue is most likely the government want to use NI tax income for other things  |
The stats show otherwise.... Link
On pages 95 and 96 of the this year's budget, NI income is shown as £96.5 billion and Social Security Benefits expenditure as £169 billion.
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