Originally Posted by Hugh

And as has been stated before, NI was always seen as contributory, and was originally to pay for Unemployment Benefit and Pensions, with some now going to the NHS. It was administered by Approved Friendly Societies until it was Nationalised in 1945.

NI payments in are around £85 million a year, and state retirement pensions are around £144 million per year - not sure how you would square that circle without a cull on pensioners, or cutting the state pension in half. Or should we say that those who haven't contributed shouldn't get a State Pension?

Are you saving up for your retirement, and paying your NI Contribution?