The UK regulatory body responsible for protecting the benefits of those in work-based pension schemes; this includes all occupational schemes and any other schemes in which payments are made through the employer.
The State Earnings-Related Pension Scheme, commonly known as SERPS or the State Second Pension (S2P), was a component of the UK’s state pension system designed to supplement the basic state pension by providing additional benefits based on earnings.
The State Second Pension (S2P) is a former component of the UK state pension system, aimed at providing additional retirement income based on earnings.
