A state pension for the 21st century: A response by NAPF

28 June 2011

The National Association of Pension Funds' response recommends that the UK Government go ahead with Option Two – the Single Tier pension – and sets out a series of measures the Government should implement to help pension schemes cope with the transition to the new system.

The NAPF has responded to the UK Government’s Green Paper 'A State Pension System for the 21st Century'. The Green Paper put forward two options for reform of the current state pension system. Option One would accelerate the flat-rating of the State Second Pension, while Option Two would combine the Basic State Pension and State Second Pension into one Single Tier pension set around £140 a week.

Full paper

© NAPF - National Association of Pension Funds