Re: Paying for Social Care.
Originally Posted by
Donkeyman
->
Child benefit is non contributary Todgy
OAP bears a contribution by the recipient??
Totally different concept??
I rest my case!
Donkeyman! 👍👍😇👍👍
"Old age pension" is not contributory. The "pension" (actually a Benefit - note the capital "B") comes from general Taxation and is part of the Welfare State Benefits.
There is NO hypothecated monies to pay for the "OAP".
There never was.
NI is a job tax introduced to boost the income to the treasury in order to pay for the role, the NHS, the bolstered Social Services that came in after the war that included an expanded insurance to provide for people who could no longer cater for themselves which was wrongly labeled a pension.