Birdwatch Note Rating
2024-03-13 23:36:17 UTC - HELPFUL
Rated by Participant: 5A06FC12A748CFC7ACB0AD8C77446260276D39037B251AF0A653023EE341660A
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
All Note Details