Birdwatch Note Rating
2024-04-30 09:43:50 UTC - HELPFUL
Rated by Participant: 399BC564CC7CB6B69FACE24B4058B03194EDF6BE0131B6C404021638A96AE12B
Participant Details
Original Note:
The UK state pension operates on a pay-as-you-go (PAYG) basis. This means the state pensions of current pensioners are paid out of current general tax revenue. https://ifs.org.uk/publications/future-state-pension#:~:text=2.2%20Spending%20on%20the%20UK,of%20working%2Dage%20people). The amount of the benefit received is linked to the number of National Insurance qualifying years paid/credited https://www.citizensadvice.org.uk/debt-and-money/pensions/types-of-pension/state-pension/
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