MPs vote to support legislation to enact the National Insurance hike

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Daily Mail published this video item, entitled “MPs vote to support legislation to enact the National Insurance hike” – below is their description.

The Health and Social Care Levy was backed by 307 votes to 251, a majority 56, as MPs supported the draft legislation which will enact the National Insurance hike. Some ten Tory MPs voted against the legislation as it was given its third reading in the chamber today. The legislation was crashed through the Commons in a single day, before it will go to the House of Lords for further scrutiny.

Daily Mail YouTube Channel

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In This Story: National Insurance

National Insurance (NI) is a fundamental component of the welfare state in the United Kingdom. It acts as a form of social security, since payment of NI contributions establishes entitlement to certain state benefits for workers and their families.

Introduced by the National Insurance Act 1911 and expanded by in 1948, the system has been subjected to numerous amendments in succeeding years. Initially, it was a contributory form of insurance against illness and unemployment, as well as eventually provided retirement pensions and other benefits.

Weekly income and some lump-sum benefits are provided for participants upon death, retirement, unemployment, maternity and disability. In order to obtain the benefits which are related to the contributions, a National Insurance number is necessary.

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