UK state pension: 1 in 5 persons to qualify by 2032 – What to expect next?

economictimes.indiatimes.com:

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The Office for National Statistics (ONS) projects the UK’s population to grow by 7.3% over this period, with net migration expected to be a key driver, pushing the total population to 72.5 million by 2032.

One in five people to receive a state pension

ONS data indicates that the number of people reaching state pension age will increase by 1.7 million, bringing the total to 13.7 million by 2032, GB News reported.

This means nearly 18.9% of the UK’s population — or around one in five people — will be receiving a state pension.

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