State Pension Rise: A Surprise for One Group
A State Pension rise could bring a surprise for one group of pensioners, who might receive more than expected.
Planning for the future is crucial, and forecasts suggest a positive outcome. According to Options Pensions, the UK has seen increased life expectancy and a decreased birth rate over the past 15 years.
- In 2010, the worker-to-pensioner ratio was 3:1.
- In 1901, the ratio was 10:1, marking a significant decrease over the century.
This shift necessitates increased government expenditure on the State Pension.
Discover what surprise might await one group of pensioners, and how this surprise could impact you in the near future.
Author's summary: Pensioners may receive more than expected due to State Pension rise.
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