PETITIONRejectedPetition · petition.parliament.uk
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.
Last fetched 03 May 2026 · petition.parliament.uk
Signatures
7
signatures
Government response threshold (10,000) · 7/10,000
Debate threshold (100,000) · 7/100,000
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.