§ Baroness Castle of Blackburn
asked Her Majesty's Government:
What are the estimated national insurance contribution rates for (a) employers and (b) employees in 2050 under the Government's current proposals. [HL809]
§ The Parliamentary Under-Secretary of State, Department of Social Security (Baroness Hollis of Heigham)
The estimated national insurance contribution rates in 2050, under the Government's proposals for the introduction of stakeholder pension schemes and State Second Pensions, is 10.1 per cent. for employers and 8.1 per cent. for employees.