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State earnings-related pension scheme (SERPS)
Practical Law UK Glossary 9-200-3498 (Approx. 4 pages)
Glossary
State earnings-related pension scheme (SERPS)
An additional state pension based on the employee's national insurance contributions (NICs) and earnings. It ran from 6 April 1978 to 5 April 2002 when it was replaced by the state second pension or S2P.