From: "Robin Graham" 
Newsgroups: uk.finance
Subject: Re: NI - Contracting back in or out?
Date: Tue, 1 Feb 2005 07:46:55 +0000 (UTC)

> >Most insurance companies are suggesting that people (doesn't apply to
you,
> >as I've said) contract back in, but it's not a simple issue.
>
> But surely one must also consider (as has been discussed here
> recently) the political risk i.e. if either the basic state pension
> and possibly the SERPS bit get means-tested one day, then the
> recipient gets shafted no matter what his contributions were.

I fully agree.

>
> There is no way around this, and I am not contracting back in for that
> reason.

But as I said in a previous post, because you are self-employed you're not
in or out - you just don't get SERPS benefits at all. So you couldn't
contract back in even if you wanted to.

Rob