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The National Insurance Act 1911 (1 & 2 Geo. 5. c. 55) created National Insurance, originally a system of health insurance for industrial workers in Great Britain based on contributions from employers, the government, and the workers themselves. It was one of the foundations of the modern welfare state.
National Insurance contributions for all UK residents and some non-residents are recorded using the NPS computer system (National Insurance and PAYE Service). This came into use in June and July 2009 [23] and brought NIC and Income Tax records together on one system for the first time.
The three British National Insurance Funds hold the contributions of the National Insurance Scheme, set up by the Government of the United Kingdom in 1911. It was reformed in 1948 and assumed broadly its current form in 1975, when the separate National Insurance (Industrial Injuries) and National Insurance (Reserve) Funds were merged with it. [ 1 ]
In 2005 the Parliament of Norway agreed to abolish the National Insurance Service as well as the employment office Aetat, with effect from 2006.A new organization was created in their place, the Norwegian Labour and Welfare Administration (Norwegian: Arbeids- og velferdsforvaltningen, NAV) which consists of the state-run Norwegian Labour and Welfare Service (Norwegian: Arbeids- og ...
The FEU was recognized as a representative at the national level. This has given the Federation the legal right to participate in collective negotiations on the General Agreement, to delegate representatives to NTSEC, to funds of compulsory state social insurance and other constituents of the social dialogue and participation in international ...
National Insurance Company Limited was incorporated on 5 December 1906 with its registered office in Kolkata.Consequent to passing of the General Insurance Business Nationalisation Act in 1972, 21 Foreign and 11 Indian Companies were merged with it and National became a subsidiary of General Insurance Corporation of India (GIC) which is fully owned by the Government of India.
A British 1948 National Insurance stamp, once used to collect contributions to the scheme. The National Insurance Act 1946 (9 & 10 Geo 6 c. 67) was a British Act of Parliament passed during the Attlee ministry which established a comprehensive system of social security throughout the United Kingdom.
The National Insurance Act 1911 gave the British working classes the first contributory system of insurance against illness and unemployment. [ 63 ] All workers who earned under £160 a year had to pay 4 pence a week to the scheme; the employer paid 3 pence, and general taxation paid 2 pence.