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  5. Basic Pension

Basic Pension

Definition of 'Basic Pension'

State pension payable to all those with an adequate NIC payments record

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Related Terms

Appropriate Personal Pension Scheme (APPS)Accrual RateAdded YearsGroup Personal PensionAdjusted Present ValueAdvance Corporation TaxBeta GearedKey RateManagement FeeNational IncomeTrust DeedAccrued BenefitsAccrued Rights Premium (ARP)Additional Voluntary ContributionsBarber vs Gre (1990)Fund ManagementInstitutionalisationInstitutionalizationInstitutionsInvestment Management Regulatory Organisation

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