Legally define National Insurance as a Fixed Contract and settle the 1950s Debt.
Legally define NI as a binding contract. Once a worker has 35 qualifying years, or is within 10 years of SPA, their SPA date must be locked. the NIF surplus (£89.6bn now; £100bn+ by 2027) must fund an "equity dividend" for the 1950s cohort, ending the use of the NIF as a Treasury credit facility.
Signatures
7
signatures
Government response threshold (10,000) · 7/10,000
Debate threshold (100,000) · 7/100,000
- 10 APR 2026Petition rejectedno-action
We are not clear what action you are seeking. You could start a new petition setting this out more clearly, for example calling for the Government to prevent retrospective changes to the state pension age applying to someone who is within 10 years of retirement.
- 06 MAR 2026Petition created
Background
The 1950s cohort lost up to £100k due to retrospective changes breaking "Contracted Out" guarantees. By ignoring these debts while presiding over a record surplus, the Government undermines the NI system for all. We propose a "Fixed Contract" model; once contributions are met or a worker is within a decade of retirement, the State cannot move the goalposts. This provides a guaranteed date for young workers and justice for the generation that built the surplus.