State Pension: Difference between revisions
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imported>Doug Williamson (Clarify that definition 1 is in general terms.) |
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''Pensions.'' | ''Pensions.'' | ||
1 | 1. | ||
In general terms, a regular income paid by a government to those people who have reached the required state pension age. | |||
2. More specifically, the UK Government's State Pension scheme which replaces the Basic State Pension. The amount received is determined by the amount of National Insurance Contributions paid by the person. | |||
2. | |||
More specifically, the UK Government's State Pension scheme which replaces the Basic State Pension. The amount received is determined by the amount of National Insurance Contributions paid by the person. | |||
Revision as of 14:49, 11 May 2016
Pensions.
1.
In general terms, a regular income paid by a government to those people who have reached the required state pension age.
2.
More specifically, the UK Government's State Pension scheme which replaces the Basic State Pension. The amount received is determined by the amount of National Insurance Contributions paid by the person.
