contracted out of SERPS wyłączony z państwowego systemu [dodatkowych] składek ubezpieczeniowych/emerytalnych
| Creator: | |
| Language pair: | English to Polish |
| Definition / notes: | 'If your scheme is Contracted Out then you pay reduced National Insurance Contributions which are then paid to an independent body instead of the Government Scheme (SERPS) or Second State Pension.' The State Second Pension, formerly known as the State Earnings Related Pension Scheme (SERPS) provides for employed people a top-up to the basic state pension. |
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