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Glossary   >   G   >   "Guaranteed minimum pension" Definition            Guaranteed minimum pension The minimum pension payable by a pension scheme in order that members may contract out of S2P (State Second Pension). Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Guaranteed minimum pension - The minimum pension payable by a pension scheme in order that members may contract out of S2P (State Second Pension).