Friday 27 July 2012

CAN I GET MORE THAN THE BASIC STATE PENSION?

In addition to the Basic State Pension, people who are, or have been, employed on a PAYE basis and earning above a set level, may be entitled to additional State Pension Benefits. This does not apply to the Self-Employed. Your Pension Forecast will also give you an idea of how much additional State Pension you may qualify for based on your employment history. This additional State Pension has been called by different names over the years, including the State Earnings Related Pension Scheme (SERPS) and most recently the State 2nd Pension.

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