New state pension leaves new retirees worse off in 2060

clock • 1 min read

The Department for Work and Pensions (DWP) has calculated that people retiring under the new state pension will be worse off as time goes on.

The figures contained in Impact of New State Pension on an Individual's Pension Entitlement - Longer Term effects of NSP reveal that in the first 15 years of the new state pension, around 75% of pe...

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