OT It'll be Winter heating allowance next!

[Andrew]

If you earned £100K you would pay about £6K in NI as an employee, so over a 40 year period you would pay about £240K. The state pension is worth about the same amount.

This means the majority of people will never pay enough NI to cover the cost of their state pension, massively so if they have had more than 2 kids. 4 million "50's women" opted to pay the married womans 'stamp', so they only paid **2%** NI, which means they get no state pension. No problem, they still get a pension based on hubbies NI record. So that's a fantastic BOGOF. Pay for one male £237K pension and get an extra £267K female state pension for free. Plus free NHS.

As a single person, fully signed up to IR35 since it started, I am definately in the Net Contributor group.

The state pension is just a couple of bottles of decent wine per week, what is all the fuss about ?.

[Andrew]

ROFL

[Andrew]

But there are people here who like to portray pensioners as 'poor' because they only have the state pension, which is why it is paid gross, on the basis that their personal allownce covers it.

[Robin]

The employer would pay secondary contributions roughly double that - £12,600 a year.

[dennis]

Its paid gross and the tax is deducted from any other income sources because its cheaper than the government doing it.

[Jack98]

If you are spending £65 on a bottle of wine, you are an even bigger fool than I thought you were.