What was a major issue with the old pension system?
David Cameron PM speaks at SAGA in Hastings

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It offered high pension credits.
It provided equal benefits to everyone.
It encouraged people to save more.
It penalized those who saved for their future.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What significant change was introduced in April 2016 regarding pensions?
The introduction of a single-tier pension system.
An increase in pension credits.
A new tax on pensions.
A decrease in pension amounts.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the new pension system affect means testing?
It abolishes means testing for contributors.
It increases the complexity of means testing.
It introduces new means testing criteria.
It reduces the pension amount for all.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who benefits from the new state pension system?
Those with previously unrecognized contributions.
Only those with high incomes.
Only full-time workers.
Only retirees living abroad.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key feature of the new state pension system?
It requires additional contributions.
It excludes part-time workers.
It counts all years as full contributions.
It offers a variable pension rate.
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