Proceeding contribution from Lord Skelmersdale (Conservative) in the House of Lords on Tuesday, 26 February 2008. It occurred during Debates on delegated legislation on Social Security (Contributions) (Re-rating) Order 2008.
Social Security (Contributions) (Re-rating) Order 2008
The cost to the individual of the reduction from 44 years to 30 is, of course, nil, even though they will have to continue paying a stamp while they are in employment. That is readily understandable; in that case, the cost to the individual is, apparently, nil. On the other hand, there will be income into the fund when people buy the extra class 3 stamps—for want of a better word. The Minister needs to explain the thinking more fully. I am sure that he will write in due course, and I do not want to pursue the matter at this hour of the night.
Secondary information
- Type
- Proceeding contribution
- Reference
- 699 c141GC
- Session
- 2007-08
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- National insurance contributions Social security benefits Earnings limits
- Legislation
- Social Security (Contributions) (Re-rating) Order 2008
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-16 02:39:38 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_448507
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