What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Global Industrial Company (GIC)

NYSE - Nasdaq Real-time price. Currency in USD

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40.82

+0.45

(+1.11%)

As of 11:12AM EDT. Market open.

In the money

Show:ListStraddle

Callsfor17 May 2024

Contract name	Last trade date	Strike	Last price	Bid	Ask	Change	% change	Volume	Open interest	Implied volatility
GIC240517C00045000	2024-04-16 10:42AM EDT	45.00	0.55	0.05	1.15	0.00	-	1	2	61.47%
GIC240517C00050000	2024-04-09 1:25PM EDT	50.00	0.43	0.00	1.50	0.00	-	2	7	77.15%

Putsfor17 May 2024

Contract name	Last trade date	Strike	Last price	Bid	Ask	Change	% change	Volume	Open interest	Implied volatility
GIC240517P00035000	2024-04-15 11:44AM EDT	35.00	0.37	0.05	3.00	0.00	-	-	3	94.82%
GIC240517P00040000	2024-04-15 11:44AM EDT	40.00	1.53	0.70	4.10	0.00	-	2	4	66.24%