state pension age

  • 1state pension age — The age at which the state pension is payable. This is 65 for men, and: • For women born on or before 5 April 1950, 60. • For women born between 6 April 1950 and 5 April 1955, between 60 and 65, depending on their date of birth. • For women born… …

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  • 2Basic state pension — The Basic State Pension is one part of the United Kingdom s Government pension arrangement, alongside Graduated Retirement Benefit and State Earnings Related Pension Scheme scheme (now State Second Pension). General principles The aim of the… …

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  • 3basic 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

  • 4Pension 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… …

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  • 5State 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… …

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  • 6State Earnings-Related Pension Scheme — The State Earnings Related Pension Scheme (SERPS) is a UK Government pension arrangement. The scheme ran from 6 April 1978 to 5 April 2002. Everybody who paid full class 1 National Insurance at some point between 1978 and 2002 earned a pension… …

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  • 7pension — noun ADJECTIVE ▪ adequate, big, decent, generous, good (all esp. BrE) ▪ inadequate, meagre/meager, small (all esp. BrE) ▪ …

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  • 8Pension — 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 …

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  • 9pension — ▪ I. pension pen‧sion 1 [ˈpenʆn] noun [countable] FINANCE an amount of money paid regularly by a government, company, or financial institution to someone who is officially considered to be too old or too ill to earn money by working; =… …

    Financial and business terms

  • 10pension — 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… …

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