downing-street-thieves

I wonder if Mr Plod has a good sense of humour or a good photoshop. Pic Credit : Scott Scott on Twitter

CROSS POSTED ON BYLINE.COM

The mantra  that we cannot afford to pay the 3.9 million 50s women their pensions until they are 65 and soon 66 is based on the premise that there is no money in the National Insurance Fund. The big question is why?

I have already in a previous report for #Backto60  shown that the accounts of the National Insurance Fund are in fact in surplus. But detractors point out that they soon won’t be if the government hands back £77 billion owed to the women.

But what if we have reached  this situation because the government has raided a fund  which is 91 per cent spent on pensions for other benefits. And what if the Treasury deliberately decided to  undermine the fund by avoiding paying any money into it?

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