That's not quite true grabba. The state pension is paid out in real time from the big melting pot called the Treasury. The government doesn't ring fence money for pensions. It's also a fallacy that NICs pay for pensions. The correlation between what people pay in tax/NICs during their lifetime and what they eventually receive in pension/pension credits is very weak.
Sometimes it’s just the small things that press the bruise isn’t it? 😢


