§ Paul FlynnTo ask the Chancellor of the Exchequer how much money he estimates the National Insurance Fund would receive in 2003–04 if those people who are retired but remain in paid employment continued to pay national insurance contributions. [133490]
§ Dawn PrimaroloThe National Insurance Fund in 2003–04 would increase by an estimated £225 million if employees over state retirement pension age were required to pay primary Class 1 contributions.
This estimate is based on April 2003 Budget forecasts.
§ Norman LambTo ask the Chancellor of the Exchequer what proportion of those who did not receive national insurance contributions deficiency notices have received letters notifying them of the contributions needed to secure full entitlement. [136154]
§ Dawn PrimaroloThe Inland Revenue started the exercise to notify working age people about shortfalls in their contributions for the tax years 1996–97 to 2000–01 at the end of October and it is anticipated that all letters will be sent out by September next year. Everyone will have as much time to make voluntary payments, if they want to, as they would have had if the letters had been issued at the normal time, and payment will be at the original rate.