The Public Pension System in the United Kindom

• Authors: Pienkowska S.
• Languages of publication: PL

Abstracts

EN

The pension system in the United Kingdom consists of three pillars. The first pillar, compulsory and a flat-rate, is provided by the state and consists of the Basic State Pension (BSP). The second pillar is compulsory for an employers with earnings above a certain floor and is knwon as the State Second Pension (SSP). It is possible to leave (contract out of) SSP to join a voluntary stakeholder, an occupational, or a personal pension scheme, that form the third pillar. The aim of this study is to describe state pension system in the United Kingdom; it describes the current system of pension provision and focuses on the level and on the amount of contribuitions paid for National Insurance Fund, numbers of pensioners and amounts of benefits.

Keywords

EN

FIRST; PENSION SYSTEM (UNITED KINGDOM); SECOND AND THIRD PILLAR

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Labor and Social Studies, Warsaw
• Journal: Polityka Społeczna
• Year: 2007
• Volume: 34
• Issue: 2(395)
• Pages: 20-26
• Document type: ARTICLE

Contributors

author

Pienkowska S.

• S. Pienkowska, Uniwersytet Warminsko-Mazurski w Olsztynie, ul. Oczapowskiego 2, 10-719 Olsztyn, Poland

Identifiers

CEJSH db identifier

07PLAAAA02945966