The Prospectors are back for a fourth season with familiar and new characters, an embarrassment of riches and wild, unpredictable weather. At 14,000 feet above sea level, thereâs 50% less oxygen, twice as many lightning strikes, hurricane force winds and riches just waiting to be found.
National Insurance was introduced after the 1911 National Insurance Act was passed under then Chancellor David Lloyd George. The scheme, which came into effect in July 1912, was intended to create a national system of insurance for working people against illness and unemployment.
Today, let us take a closer look at national insurance; exploring the benefits as well as the contributions. The National Insurance Scheme (NIS) was established in 1967 for the purpose of providing benefits as may be specified in the National Insurance and Social Security Act. As long as you are between the age of 16 and 66 and a half (current pensionable age), are self-employed, or employed under a contract of service, then you are covered under the act and should be making contributions.