Benefits funded by NIC

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GREYONE

GREYONE Posts: 52 Forumite

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19 January 2019 at 2:21PM in Benefits & tax credits

My state pension forecast says that I need to pay National Insurance contributions till I am 67 as they fund other state benefits and the NHS. For my full state pension, I only need 4 more years.

Can anyone suggest what other state benefits are funded from N.I Contributions to explain this?

Thank you

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Caz3121 Posts: 15,545 Forumite

19 January 2019 at 2:25PM
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https://en.m.wikipedia.org/wiki/National_Insurance

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GREYONE Posts: 52 Forumite

19 January 2019 at 2:33PM
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Spot on CAZ3121. Thank you.

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calcotti Posts: 15,696 Forumite

19 January 2019 at 5:13PM
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And the official information here https://www.gov.uk/national-insurance/what-national-insurance-is-for

Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.
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GREYONE Posts: 52 Forumite

19 January 2019 at 8:50PM
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Excellent, explains even more.

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