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Updating author: Elizabeth Graham

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Summary
Future developments
Action point checklist
Key references
Questions and answers
The State Retirement Pension
Occupational pensions
Personal pensions
Stakeholder pensions

Summary

2.806

  • The State Pension system combines a contributory state scheme, consisting of a basic retirement pension and an additional pension (previously the State Earnings Related Pension Scheme, now the State Second Pension), with a private system of occupational and personal pensions. (See 2.808 The State Retirement Pension)
  • The state retirement age for women is currently 60, but it will have reached 65 by 6 April 2020.
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