Most public sector workers expecting a modest 1% pay rise in April will instead suffer a cut thanks to a change in national insurance contributionsFive million public sector workers are in for a expansive shock when they open their April pay slips. Far from seeing the effect of the extremely modest 1% wage rise that is on the cards across the sector,or any benefit from the much-hyped “national living wage”, most of them will suffer a pay cut and the rest will accumulate an increase measured in pennies.
It’s all to finish with a change in national insurance contributions connected to pension reform. If you haven’t heard about it, and that’s probably because it was announced three years ago and the government has not exactly been going out of its way to remind people. Fiddling with NI has become its dirty small secret.
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Source: theguardian.com