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    Tory Threat To The State Pension

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    The Conservatives have announced a £46 billion unfunded plan to scrap National Insurance contributions without explaining how it will be paid for or its impact on pensions. This poses a seri…
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    Tory Threat To The State Pension

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    10K views5 pages
    The Conservatives have announced a £46 billion unfunded plan to scrap National Insurance contributions without explaining how it will be paid for or its impact on pensions. This poses a serious threat to the pensions system as NICs are currently earmarked to fund state pensions. Abolishing NICs could reduce pension funding by £35 billion and sever the link between contributions and pension entitlement, jeopardizing people's expectations of the pensions they have paid into.

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    Tory Threat to the State Pension

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    Tory Threat to the State Pension

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    10K views5 pages

    Tory Threat To The State Pension

    Uploaded by

    max
    The Conservatives have announced a £46 billion unfunded plan to scrap National Insurance contributions without explaining how it will be paid for or its impact on pensions. This poses a seri…
    Full description
    Download as pdf or txt
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