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Politics

THE NATIONAL INSURANCE "SURPLUS" CAN AFFORD TO PAY A DECENT STATE PENSION RE- LINKIED TO NATIONAL AVERAGE WAGES.

53 replies

ivanhoe · 09/02/2011 14:37

The National Insurance (NI) system, provides an efficient way of guaranteeing that both employees and employers
fund the pensions of today's retirees, with an annual cost of delivering the basic State pension to each individual of just £5.40 compared to that of the means-tested
Pension Credit of £53.70 (28).

In addition, the Government Actuary has predicted that the fund will have a N.I. surplus by March 2011 of £40 billion. Therefore the NI system must continue.

OP posts:
ivanhoe · 13/02/2011 16:07

magicbutterfly, you are so arrogant as to ask personal questions like that, it's almost as if you are judging me.

However it is so easy to judge people in this country, because we are a judgemental country, and this comes mainly from the uneducated working class, so as soon you open your mouth you put your foot in it.

OP posts:
magicbutterfly · 13/02/2011 21:21

I should remind you Ivanhoe that you are the master of asking personal questions.

And of course thanks to your indescretions on various forums I already know the answers to the questions I asked you. But then you're the expert at putting your foot in it.

complimentary · 13/02/2011 22:13

Oh dear..........

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