Money Box - Will the State Pay for Our Retirement?
Download Will the State Pay for Our Retirement?
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.
Published on Saturday, 5th August 2017.
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