Part of an employee`s National Insurance contributions goes into SERPS (State Earnings-Related Pension Scheme), which is paid on top of the Basic State Pension on retirement. The SERPS pension, payable when you reach State pension age, depends on your earnings while you were in employment and the National Insurance contributions paid. SERPS is paid...
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Acronym for State Earnings-Related Pension Schemes, the UK state pension scheme. Pension schemes operated by private companies may now be run in conjunction with SERPS; if they are `contracted...
Acronym for State Earnings Related Pension Scheme.
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Acronym for State Earnings Related Pension Scheme. You will receive an increased state pension if you are a contracted-in employee earning above the national insurance lower earnings limit.
Acronym for State Earnings-Related Pension Scheme, UK state pension scheme which was replaced from 2002 by the State Second Pension
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