Case studies

"Because of the pure breadth and depth of black letter law research and practical guidance that LexisNexis provides, we don't have to rely on counsel as much as perhaps firms that don't use LexisNexis."

KaurMaxwell

Access all 1 documents on State earnings related pension scheme (SERPS)

GET ACCESS NOW

GLOSSARY

State earnings related pension scheme (SERPS) definition

Published by a LexisNexis Private Client expert

What does State earnings related pension scheme (SERPS) mean?

Introduced in 1978 and paid in addition to the basic flat rate state pension for earnings up to 5 April 2002. Replaced by the second (additional) state pension from 6 April 2002.

Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.

How to review a scheme booklet

How to review a scheme booklet THIS PRACTICE NOTE APPLIES TO OCCUPATIONAL PENSION SCHEMES When reviewing or updating a scheme booklet, the following points should be considered: Compliance with disclosure requirements Trustees of occupational pension schemes are statutorily required to disclose certain basic information about the scheme to prospective members and new joiners. This disclosure requirement is usually satisfied through the scheme booklet. When reviewing a scheme booklet, you should therefore check that it contains all the basic scheme information required. Since 6 April 2014, the basic scheme information required to be disclosed is set out in the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013, SI 2013/2734. For further information, see Practice Note: Disclosure requirements applicable to occupational and personal pension schemes from 6 April 2014 — Basic scheme information and Checklist: Basic scheme information from 6 April 2014—checklist. If certain information is missing from the scheme booklet, it may be possible for the trustees to: • amend the booklet before it goes out...

Discover our 1 Practice Notes on State earnings related pension scheme (SERPS)