Socialist Worker

Money there to boost pensions

Issue No. 1683

Money there to boost pensions

THE GOVERNMENT has a huge �6 billion surplus in the National Insurance fund. It could fund a �600 payment to each of Britain's ten million pensioners this year. The stash shatters New Labour's claim that it cannot afford to give pensioners more than a meagre 75p a week rise in their pensions. An official government report shows the surplus will increase to �9 billion next year.


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News
Sat 12 Feb 2000, 00:00 GMT
Issue No. 1683
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