PENSIONERS should not rule out continuing to pay National Insurance contributions in order to close the social care gap, a leading economist has warned.
He said: “We have to think of this as a whole, we have to think of all of the ways in which pensioners are supported, all of the ways in which they pay tax and think of the fairest and most effective way of putting all that together.
“I don’t think we should completely rule that [paying National Insurance contributions] out, I don’t think we could think of imposing National Insurance contributions at anything like their full rate on people who are already beyond retirement age because that wasn’t the deal that they signed up to.
The expert, who oversaw the Government’s Commission of Care and Support under the coalition, also blasted Theresa May for reportedly suggesting the introduction of vouchers to address social care provisions.
The Prime Minister had hinted the Tory manifesto would address the issue as politicians could not longer “duck the issue” and that she had been working on a “long-term solution”.
But Sir Andrew said he was “puzzled by the suggestion” and that the public “should always be very wary”.