Additional State Pension
E510404
Additional State Pension was a UK earnings-related top-up to the basic State Pension that provided extra retirement income based on an individual’s National Insurance contributions, before being phased out and superseded by the new State Pension system.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
UK social security benefit
ⓘ
earnings-related pension ⓘ |
| abolishedOn | 6 April 2016 ⓘ |
| administeredBy |
Department for Work and Pensions
NERFINISHED
ⓘ
HM Revenue and Customs NERFINISHED ⓘ |
| appliesTo | people reaching State Pension age before 6 April 2016 under the old rules ⓘ |
| appliesToJurisdiction |
Great Britain
NERFINISHED
ⓘ
Northern Ireland ⓘ |
| basedOn |
National Insurance contributions
NERFINISHED
ⓘ
earnings history ⓘ |
| benefitForm | regular weekly payment ⓘ |
| benefitType | contributory benefit ⓘ |
| calculationMethod |
earnings-related formula
ⓘ
revaluation of earnings in line with prices or earnings ⓘ |
| canBeContractedOutOf | yes ⓘ |
| contractingOutMechanism |
protected rights in private pensions
ⓘ
rebate of National Insurance contributions ⓘ |
| country | United Kingdom ⓘ |
| eligibilityCriterion |
reaching State Pension age before 6 April 2016
ⓘ
sufficient National Insurance contributions ⓘ |
| endTime | 2016 ⓘ |
| hasComponent |
S2P
ⓘ
SERPS NERFINISHED ⓘ State Earnings-Related Pension Scheme NERFINISHED ⓘ State Second Pension NERFINISHED ⓘ |
| indexation |
linked to price inflation for most of its history
ⓘ
uprated annually ⓘ |
| legalBasis |
Pensions Act 1995
NERFINISHED
ⓘ
Pensions Act 2007 NERFINISHED ⓘ Pensions Act 2014 NERFINISHED ⓘ Social Security Pensions Act 1975 NERFINISHED ⓘ |
| partOf | UK State Pension system ⓘ |
| payableFrom | State Pension age ⓘ |
| providedBy | UK government NERFINISHED ⓘ |
| purpose | to provide extra retirement income ⓘ |
| reform |
ending of accruals under new State Pension in 2016
ⓘ
introduction of SERPS in 1978 ⓘ replacement of SERPS by State Second Pension in 2002 ⓘ |
| relatedTo |
Basic State Pension
NERFINISHED
ⓘ
National Insurance system NERFINISHED ⓘ new State Pension ⓘ |
| replacedBy | new State Pension ⓘ |
| startTime | 1978 ⓘ |
| supersededBy | single-tier State Pension ⓘ |
| supplements | Basic State Pension NERFINISHED ⓘ |
| targetPopulation | employees with earnings above the Lower Earnings Limit ⓘ |
| taxStatus | taxable income ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.