CLEAN : UK state pension age forecast to

CLEAN : UK state pension age forecast to

Assessment

Interactive Video

Social Studies, Business, Other

10th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the UK's financial challenges, focusing on pay freezes, an aging population, and the implications for pensions. It highlights the need to adjust the pension age due to increased life expectancy and national debt. The discussion also addresses the fairness of these changes, given varying life expectancies and health conditions among different demographics. The lack of new evidence to justify recent policy changes is noted, along with concerns about the health of those nearing retirement age and the potential need for fitness tests.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons the UK finds it difficult to maintain the current pension age?

A decrease in the number of young taxpayers

An increase in the number of young taxpayers

A surplus in the national budget

A decrease in life expectancy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might the current pension age policy be considered unfair to some groups?

Because poorer people tend to have shorter life spans

Because everyone retires at the same age

Because wealthier people retire earlier

Because everyone has the same life expectancy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What alternative to raising the pension age is suggested in the transcript?

Extending working hours

Lowering taxes for retirees

Reducing the rates of entitlements

Increasing the pension amount

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What evidence is lacking to justify the government's decision to raise the pension age?

Evidence of improved health in older age

Evidence of economic growth

Evidence of decreased life expectancy

Evidence of increased life expectancy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What concern is raised about older workers in relation to the pension age increase?

They will have more job opportunities

They will retire earlier

They will receive higher pensions

They may not be fit and well enough to work longer