Birdwatch Note Rating
2024-03-13 15:25:56 UTC - HELPFUL
Rated by Participant: 403D18F90EE3AF7669CC241878960D79672EBC297E9319EE409A8176E0BC6B90
Participant Details
Original Note:
It is a common misconception that National Insurance Contributions (NICs) are ring-fenced. The NHS receives between just 18% of its annual budget from NICs. https://www.kingsfund.org.uk/insight-and-analysis/data-and-charts/how-nhs-funded NICs affect the amount of entitlement iro the state pension. Payments are financed from taxation and NICs https://www.ons.gov.uk/aboutus/transparencyandgovernance/freedomofinformationfoi/statepensionfunds#:~:text=financed%20on%20an%20ongoing%20basis%20from%20National%20Insurance%20contributions%20and%20general%20taxation
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