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Displaying items by tag: National Insurance

Friday, 05 January 2024 09:48

NI cut could hit state pension funding

Aegon's Steve Cameron

Chancellor Jeremy Hunt’s National Insurance (NI) cuts, which come into effect on Saturday, could hit the future funding of the state pension and current triple lock.

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Tuesday, 07 March 2023 15:41

Pension savers get longer to top up NI contribs

HMRC HQ

Pension savers have won more time to make voluntary National Insurance contributions to fill gaps in their National Insurance records and boost their State Pensions.

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Monday, 09 January 2023 12:36

Govt to end NI record gaps concession

Steve Webb

A Government scheme allowing people to fill gaps in their National Insurance records will come to an end on 5 April.

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Thursday, 11 January 2018 14:57

Possible jump in NI looms to fund state pensions

Possible jump in NI looms to fund state pensions
The Government Actuary is suggesting a 5% rise in National Insurance by 2032 to prevent a deficit in the National Insurance Fund used to pay out state pensions, a possibility based on the latest Government Actuary Department projections.

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Wednesday, 02 April 2014 14:47

State Pension top up plan unveiled

Minister for Pensions Steve Webb MP
The Government has revealed details of the new state pension top-up scheme, which will allow retiring savers to pay a lump sum to boost their state pension entitlement.
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