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Everyone gets the same amount of state pension regardless how wealthy you are. As long as you’ve paid 35 years of national insurance contributions that is. But what if this were to change in the future such that the amount you get depends on how much other income you have.
In this video, go through the likelihood of the state pension being means tested and what it could mean for you if it does.
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Video on why the state pension is a benefit
• The state pension is a...
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0:00 intro
1:23 the current picture for the state pension
2:22 what portion of retirement income is it?
4:24 should everyone get the same?
8:47 what could means testing look like?
11:11 would means testing discourage pension saving?