Pensions Overhaul – Q&A
The Government wants to replace the current state pension with a single payment
The current system
Men and women in their 60s start receiving their pension, currently worth £107.45 a week.
Men and women in their 60s start receiving their pension, currently worth £107.45 a week.
The Government’s own figures reveal many pensioners will ultimately be worse off under a system with a single flat rate.