GBNews published this video item, entitled “Should MPs be given a pay rise? Darren Grimes and Gawain Towler go head to head | To The Point” – below is their description.
‘They say we’re all in this together but evidently not, with this set to go ahead at the same time as rising bills and a National Insurance tax hike’
Darren Grimes goes head to head with Gawain Towler over MPs being given a pay rise.
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GBNews 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.
