Pensions Reform

On average a man who is 65 today will live to what age?

1. 75 years
2. 78 years
3. 81 years
4. 85 years
5. 87 years

On average a woman who is 65 today will live to what age?

1. 78 years
2. 82 years
3. 86 years
4. 87 years
5. 88 years

How many women in the UK now reach the end of their life without having had any children?

1. 1 in 15
2. 1 in 12
3. 1 in 9
4. 1 in 7
5. 1 in 5

For every person above state pension age in the UK today, how many people are there of working age?

1. 15
2. 10
3. 7
4. 4
5. 2

State pension age for men is 65. What is the average age that men finish work?

1. 55
2. 61
3. 64
4. 65
5. 68

State pension age for women is currently 60. What is the average age that women finish work?

1. 55
2. 61
3. 64
4. 65
5. 68

On average, people retiring today are better off than people retiring 10 or 20 years ago

True:

False:

State Pension age is currently different for men and women. Is it true that state pension age is going up for women?

True:

False:

The full Basic State Pension for a single person is currently how much per week?

1. £75.62
2. £84.25
3. £87.76
4. £91.46
5. £110.32

The number of years a man must have paid or been credited with National Insurance Contributions to get a full basic state pension is normally...

1. 20 years
2. 27 years
3. 33 years
4. 44 years
5. 50 years

What percentage of women reaching state pension age now get the full Basic State Pension of £82.05?

1. 20%
2. 30%
3. 45%
4. 60%
5. 80%

The Basic State Pension is not means tested - meaning people get it regardless of how much other income or savings they have.

True:

False:

Your National Insurance contributions are held in a fund built up to pay your own state pension.

True:

False:

At the moment what proportion of working age people are NOT saving in a pension (not counting the state pension)?

1. 5%
2. 23%
3. 44%
4. 56%
5. 74%

People who save into a company's final salary pension scheme, will definitely lose their pension if the company collapses.

True:

False:

Since more and more people own their own homes, this will sort out pensions problems for the majority of the UK population

True:

False: