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I fully understand the sentiment, but having a dependence on people who have retained all this experience and knowledge in their head, without having previously passed it on or documented it, is not good management. Effective management would not permit such dependencies.

There is no correlation, neither was there ever intended to be, between the monetary amount of the contributions that you pay and the amount of your state pension. We don’t all have our own earmarked state pension pots. Further, NI contributions aren’t even kept separate from general taxation...

If only that were the case. National Insurance contributions collected today are being used to pay today’s state pensions. Each generation is totally reliant on future National Insurance payments from subsequent generations.

Isn’t it 67 for those born after April 1960?

The flip side is that they themselves are accruing state pensions that future generations will be required to fund.

So those in employment will contribute via tax or social security contributions to a state pension that they themselves will never receive? Now that would be popular with voters. Prior to the 1940’s the concept of pensions and retirement barely existed. People generally worked until they could...