Will the State Pay for Our Retirement?
Many say the 'triple lock' on state pensions is unaffordable. It survived the last general election, but can the state really prevent old age poverty?
The current State Pension system - guarantees anyone with requisite NI contributions a pension of 拢150ish a week (in real terms. It is protected by the "triple lock" and guarantees a minimum income on reaching State retirement age. But....it's not enough to live on - it's only it's only remotely enough for those with no housing costs and no-one believes the triple lock is affordable for much longer. How much can we rely on the State to fund a retirement.
Presenter:Paul Lewis
Producer: Ben Carter
Editor: Andrew Smith.
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- Sat 5 Aug 2017 12:04成人快手 Radio 4 FM
- Sun 6 Aug 2017 21:00成人快手 Radio 4
- Wed 9 Aug 2017 15:00成人快手 Radio 4
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Money Box explores what retirement might look like in the future,
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