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This petition was submitted during the 2010 to 2015 Parliament

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Closed petition To preserve SERPS/SP2 in addition to the basic state pension

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Serps and SP2 cannot ever be a 'benefit'. They are bought by workers and employers as a financial investment like any other private pension. They are the chosen extra pension vehicle for low paid workers.
The full state basic pension becomes a benefit only when awarded for less than 30+ years' contributions. Anyone who has worked and contributed for more than 30 years has earned 'entitlement' to a full return on their investment plus the Serps/ SP2.
The government wants us to believe that 'work pays'. This cannot be true if Serps/SP2 are stolen at the point of delivery.

40 signatures


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    This petition can now be signed.

    If this petition gets 10,000 signatures, government will respond to it.

    If this petition gets 100,000 signatures, it will be considered for debate in Parliament.

    This petition will stay open until 30 September 2012.