Terrible news for women set to hit state pension age in the first few years after April 2016: there's a serious risk you won't be entitled to the pension you're expecting. The new state pension introduced at that point was touted as a 'flat rate pension' which was expected to deliver £151.25 to all new pensioners. However, only a small minority of them will get the full pension in the first years of operation - including exceptionally few women. In fact, in the first year of operation only 37% of those retiring meet the requirements.
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