Social Developments: Developments for Eldery people

Question 1

What did a report in 2005 show about UK pension generosity globally?

Answer 1

The UK gave the least generous pension in the world

Question 2

When did Gordon Brown start to tax pensions?

Answer 2

1997

Question 3

How much money was lost from pensions due to the pension tax by 2007?

Answer 3

£8 billion

Question 4

How can it be seen Brown taxing pensions was a poor decision for total share value of Britain?

Answer 4

£120 billion was lost in total British share value

Question 5

What did the 2007 Pensions Act do?

Answer 5

Reduced the qualifying period for state pensions to 30 years old

Question 6

What percentage of the public thought over-65’s were incompetent with their lives in 2005?

Answer 6

30%

Question 7

What did a 2001 survey show about over-65’s involving themselves in charity work?

Answer 7

25% of over-65’s did charity work

Question 8

From what year could workers request to work past retirement ages?

Answer 8

2006

Question 9

What was a limitation to workers requesting to work past retirement ages?

Answer 9

Employees could deny this request and not explain why they denied it