Question to the HM Treasury:
To ask the Chancellor of the Exchequer, pursuant to the Answer of 14 March 2024 to Question 17582 on National Insurance Contributions: State Retirement Pensions, whether his Department has made an assessment of the potential impact of abolishing, rather than reducing, national insurance contributions on state pension entitlements.
Cutting NICs rates does not affect anyone’s entitlement to the State Pension or contributory benefits.