Definition of National Insurance in English:

National Insurance

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.

    • ‘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.’
    • ‘And, besides, don't we do that already via our National Insurance contributions?’
    • ‘Consider whether or not to top up any missing year's National Insurance payments.’
    • ‘A new system for Air Traffic Control is years behind schedule and way over budget, as is a National Insurance system.’
    • ‘The new formula will be based on a simple percentage of income, net of tax, National Insurance and pension contributions.’
    • ‘You can also see how the National Insurance rebates are calculated in this Inland Revenue leaflet.’
    • ‘But little has been said about using the National Insurance system.’
    • ‘The tax was designed to crack down on people who were avoiding tax and National Insurance payments by operating through a personal company.’
    • ‘They, in turn, now receive pensions funded by the National Insurance contributions of their children.’
    • ‘A contact has advised me it may be possible to defer payment of our National Insurance until the end of the year.’
    • ‘Kathryn thinks that Governments have been plundering the National Insurance fund, and should have invested it.’
    • ‘If you're in a company scheme then both you and your employer will pay lower National Insurance contributions instead.’
    • ‘It seems that the Chancellor will fund the extra NHS spending by tinkering with the National Insurance system.’
    • ‘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.’
    • ‘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.’
    • ‘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.’
    • ‘It will provide National Insurance and income tax relief on the first £50 of childcare vouchers paid to a working parent.’

Pronunciation:

National Insurance

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