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Pensions in an Independent Scotland

Pensions in an Independent Scotland

Monday, September 23, 2013

ISBN: 9781782568988

This paper sets out the Scottish Government's proposals for state, private and public pensions in an independent Scotland.

Executive Summary

This paper sets out proposals from the Scottish Government on how pensions policy would be taken forward in an independent Scotland.

It explains the benefits of independence for people of pensionable age and those approaching retirement (including a commitment to uprate the state pension by the triple lock, and to retain savings credit), and explains how saving for private pensions would be encouraged under independence. It also makes proposals for an independent commission on State Pension Age, and considers options for public service pensions under independence.

The legislative and regulatory landscape is also set out, including plans for a Scottish Pensions Regulator.