basic state pension — (BSP) The main type of state pension payable in the UK to individuals who have reached state pension age. There are several categories of BSP: a category A BSP is paid to an individual with a full record of national insurance contributions… … Law dictionary
state earnings-related pension scheme — (SERPS) United Kingdom 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 … Law dictionary
state second pension — (S2P) A top up state pension that replaced the state earnings related pension scheme (SERPS) from 6 April 2002. S2P is an additional state pension based on an employee s national insurance contributions (NICs … Law dictionary
pension — A specified sum paid regularly to a person who has reached a certain age or retired from employment. It is normally paid from the date of reaching the specified age or the retirement date until death. A widow may also receive a pension from the… … Big dictionary of business and management
State Second Pension — On 6 April 2002, the Labour Government introduced the State Second Pension, or S2P to provide a more generous pension provision for UK workers. The main aim of this change was to enhance existing Additional Pension (or AP ) benefits for low and… … Wikipedia
Pension provision in the United Kingdom — UK Pension Provision falls into seven major divisions; Basic State Pension, State Second Pension (S2P), Occupational Pensions, Stakeholder Pensions, Group Personal Pensions and Personal or Individual Pensions. Personal Accounts automatic… … Wikipedia
Pension — This article is about the retirement income arrangement. For the type of lodging, see Pension (lodging). For the mortgage repayment scheme, see Mortgage loan. Financial market participants … Wikipedia
State College Area School District — We are the future! Type and location Type Public Country United States … Wikipedia
State of Israel Bonds — are debt securities issued by the Government of Israel. State of Israel Bonds is also the more familiar name of the underwriter of the bonds in the United States. The company is officially known as the Development Corporation for Israel (DCI).… … Wikipedia
State and Local Affairs — ▪ 1997 Introduction States continued to be at the centre of national debates on public policy during 1996. The U.S. Congress, reacting in part to successful experimentation by a number of states, enacted a historic welfare reform measure… … Universalium