Will the State Pay for Our Retirement?
Money Box
BBC
4.2 • 825 Ratings
🗓️ 5 August 2017
⏱️ 30 minutes
🧾️ Download transcript
Summary
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.
Transcript
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| 0:00.0 | In Northern Ireland, from the late 70s to the early 90s, the IRA killed over 40 alleged informers. |
| 0:08.0 | But the man who often found, tortured and sometimes killed these people on behalf of the IRA |
| 0:12.0 | was himself an informer, a secret British army agent with the codename Stakeknife. |
| 0:18.0 | Who gets to play God? And why me? Why my family? |
| 0:21.4 | When lies are still being told to this day, who do you believe? |
| 0:25.1 | I wouldn't even know where to start, and I'm with the IRA. |
| 0:28.5 | Steakknife. |
| 0:29.6 | Listen first on BBC Sounds. |
| 0:32.4 | Just before this BBC podcast gets underway, here's something you may not know. |
| 0:37.1 | My name's Linda Davies, |
| 0:38.3 | and I commissioned podcasts for BBC Sounds. As you'd expect, at the BBC we make podcasts of the |
| 0:43.8 | very highest quality, featuring the most knowledgeable experts and genuinely engaging voices. What you |
| 0:50.7 | may not know is that the BBC makes podcasts about all kinds of things, like pop stars, |
| 0:57.2 | poltergeists, cricket and conspiracy theories, and that's just a few examples. |
| 1:02.5 | If you'd like to discover something a little bit unexpected, find your next podcast over at BBC Sounds. |
| 1:08.9 | This is the BBC. |
| 1:12.6 | Hi, I'm Brooke and I'm taking part in a series of programmes Moneyboxer running this summer |
| 1:17.4 | about how much money we're all going to need at the end of our working lives and how we might go about planning for it. |
| 1:24.4 | In this programme, we explore whether the state can continue to support a long and prosperous |
| 1:29.3 | retirement now that so many more of us are living to an older age. It's not something I'd really |
| 1:34.7 | thought about before, but I'll definitely be spreading the word to family and friends on how |
| 1:39.1 | important it is to start thinking about your pension, early doors. You can download the podcast now, search online for Moneybox, |
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