| 单词 | national insurance fund |
| 释义 | National Insurance FundNational Insurance FundA statutory fund financed by contributions from all employers, employees and the self-employed in the UK into the National Insurance Scheme, plus interest. The NIF is used to pay for social security benefits such as state retirement pensions and for the NHS via the Government. The NIF has an annual surplus, which the government borrows through the Debt Management Office but cannot use to finance current expenditure. |
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