Sunday 5th May 2024
    Difficulty: Medium

    The UK State Pension (Quiz #534)

    Photo by <a href="https://unsplash.com/@alexharvey?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash">Jesus</a>
    Photo by Jesus (Unsplash)

    1. What is the full rate of the new UK State Pension (as of April 2024)?

    2. If you were born in the UK on 5th May 1959, when will you start to receive your UK State Pension?

    3. When you reach pension age, you can opt to defer your pension. This means you wait (typically a year) before starting to receive it. When you do start to receive it, it will be paid at a higher rate: 1% extra for every 9 weeks you defer. But how much longer will you have to live, in order to get more than if you hadn't deferred?

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