Which Chancellor of the Exchequer introduced old age pensions and national insurance?
National Insurance Act 1911 National Insurance Act 1911 The National Insurance Act 1911 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. It also provided unemployment insurance for designated cyclical industries. It formed part of the wider social welfare reforms of the Liberal Government of 1906–1915. David Lloyd George, the Liberal Chancellor of the Exchequer, was the prime moving force behind its design, negotiations with doctors and other interest groups, and final passage. Lloyd George followed
Ministry of Pensions and National Insurance Ministry of Pensions and National Insurance The Ministry of Pensions and National Insurance (MPNI) was a British government ministry responsible for the administration and delivery of welfare benefits. It was headed by the Minister of Pensions and National Insurance. It was created in 1953 as a result of the amalgamation of the Ministry of Pensions and the Ministry of National Insurance . The Ministry of Pensions was created in 1916 to handle the payment of war pensions to former members of the Armed Forces and their dependants. It was expanded rapidly during the opening months of the Second World War