https://www.vaultsoftheodd.com/tags/income-protection/Recent content in Income Protection on Vaults of the ODDHugoen-gbTue, 21 Jul 2026 09:10:00 +0000https://www.vaultsoftheodd.com/politics/welsh-income-protection-endowment/Tue, 21 Jul 2026 09:10:00 +0000https://www.vaultsoftheodd.com/politics/welsh-income-protection-endowment/A design for a permanent, largely self-financing Welsh capital institution that would protect workers’ incomes after redundancy or lost hours, funded by a temporary hypothecated penny on the Welsh basic rate of income tax, after which the fund’s own investment returns cover claims and the levy stops. Whether Wales presently has the constitutional authority to establish such an institution is unresolved and requires an independent legal opinion; even a favourable one would leave a second, political gateway. Offered as an institutional design study — how it would operate if those gateways were passed — and a case for testing it, not a scheme Wales can enact today.