§ Dr. Lynne JonesTo ask the Secretary of State for Social Security what weekly contributions would be required(a) over a 40 year period for SERPS to deliver a pension of £15,700 per annum at today's prices, (b) over a 25 year period to deliver a pension of £4,700 and (c) over a 10 year period to deliver a pension of £976 (i) as the scheme is currently constituted and (ii) in accordance with the principles when the scheme was first set up. [26286]
§ Mr. DenhamIt is not possible to provide the information requested. SERPS is a pay as you go, defined benefit scheme based on qualifying earnings. Hence there is no direct link between an individual's National Insurance contributions and the SERPS pension received.