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Re: This NI increase for Social/Health Care
Quote:
Originally Posted by heero_yuy
The whole thing is a giant Ponzi scheme. The current contributors pay for those taking out of the system.
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Yup…
https://d3n8a8pro7vhmx.cloudfront.ne...pdf?1472132879
The average household (2 people) paid (in 2016) £107,045 of Employee’s National Insurance Contributions - divide that by 2, and you get £53,523 payments in; State Pension in 2016 was £137.60 per week, or £7,155.20 per year, so the average person got their payments back if they lived to 72.
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