State earnings-related pension scheme (SERPS) | Practical Law
State earnings-related pension scheme (SERPS)
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State earnings-related pension scheme (SERPS)
Practical Law UK Glossary 9-200-3498
(Approx. 4 pages)
Glossary
State earnings-related pension scheme (SERPS)
An
additional state pension
based on the employee's
national insurance contributions (NICs)
and earnings. It ran from 6 April 1978 to 5 April 2002 when it was replaced by the
state second pension
or
S2P
.