[BITList] Frozen Pensions UK - The National Insurance Fund

[John Feltham]

Peter sent an FOI request to the Debt Management Office about how the money in the National Insurance Fund Investment Account is used. He says:

As I suspected, the £30 billion goes into General Revenue and so is used for all sorts of purposes, so not specifically schools and hospitals but also to wage wars on other countries, to pay aid to overseas countries and to pay MPs salaries and allowances, etc.

Use this when some UK MP tries to tell you that your money is used for schools and hospitals.




ooroo