State Pension: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Clarify that definition 1 is in general terms.)
imported>Doug Williamson
(Layout.)
Line 1: Line 1:
''Pensions.''
''Pensions.''


1. In general terms, a regular income paid by a government to those people who have reached the required state pension age.
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.


See also