Meaning of National Insurance in English:

National Insurance

Pronunciation

Translate National Insurance into Spanish

noun

mass noun
  • (in the UK) the system of compulsory payments by employees and employers to provide state assistance for people who are sick, unemployed, or retired.

    ‘They, in turn, now receive pensions funded by the National Insurance contributions of their children.’
    • ‘You can also see how the National Insurance rebates are calculated in this Inland Revenue leaflet.’
    • ‘Flick over and settle down to some sport and you can bet your National Insurance payments for a year that the Government will still be there to spin some message or other.’
    • ‘But little has been said about using the National Insurance system.’
    • ‘Kathryn thinks that Governments have been plundering the National Insurance fund, and should have invested it.’
    • ‘It seems that the Chancellor will fund the extra NHS spending by tinkering with the National Insurance system.’
    • ‘A new system for Air Traffic Control is years behind schedule and way over budget, as is a National Insurance system.’
    • ‘A contact has advised me it may be possible to defer payment of our National Insurance until the end of the year.’
    • ‘The tax was designed to crack down on people who were avoiding tax and National Insurance payments by operating through a personal company.’
    • ‘It is admitted that some of this will go on teachers' pensions and the National Insurance increase.’
    • ‘I also took along my P45, final payslip and exit letter given to me by my ex-employer, plus my National Insurance number.’
    • ‘And, besides, don't we do that already via our National Insurance contributions?’
    • ‘If you find that you are behind in your National Insurance contributions you can pay to make up the shortfall.’
    • ‘A rise in employers' pension and National Insurance contributions will further strain funds.’
    • ‘It will provide National Insurance and income tax relief on the first £50 of childcare vouchers paid to a working parent.’
    • ‘Consider whether or not to top up any missing year's National Insurance payments.’
    • ‘If you're in a company scheme then both you and your employer will pay lower National Insurance contributions instead.’
    • ‘She may be given a new name, a new home, a new National Insurance number and social security documents as well as a false history constructed by experts.’
    • ‘Younger people could opt out of National Insurance payments on condition they provide for their pensions in the private sector.’
    • ‘The new formula will be based on a simple percentage of income, net of tax, National Insurance and pension contributions.’