Claim: National Insurance Contributions are being used to reduce the national debt.
Fact-check: What happens to the money from National Insurance Contributions? - Full Fact
Verdict: some are. this doesn't mean anyone isn't getting paid what they're currently due in pensions or benefits—the uk government invests the nics that don't go towards paying pensions and benefits on reducing the national debt.
Organisation: Full Fact
Author: Joseph O'Leary
Date published: 2019-03-01T00:00:00