When I was 19 back in 1969 the basic rate of Income Tax was over 40%. The workers today don't realise how cushy they have it. I suppose when I come to claim my pension in a few years time there will be nowt in the kitty after a lifetime of paying NI credits and Tax.
Why does this idea matter?
To safeguard the pensions of those who have paid more than their fair share into the kitty