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- DictionaryNational Insurance
noun
- 1. (in the UK) the system of compulsory payments by employees and employers to provide state assistance for people who are sick, unemployed, or retired.
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noun
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National Insurance (NI) is a fundamental component of the welfare state in the United Kingdom. It acts as a form of social security, since payment of NI contributions establishes entitlement to certain state benefits for workers and their families. Wikipedia