Will the State Pay for Our Retirement?
from Money Box Hosted by BBC Radio 4
The current State Pension system - guarantees anyone with requisite NI contributions a pension of £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.
Embed this episode
No transcript yet.