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Glossary > N > "National Insurance (NI) Basic Pension" Definition

National Insurance (NI) Basic Pension

The basic state pension funded by a person"s National Insurance Contributions over his working life and part of the National Insurance Pension. The rate at which the basic pension is paid is dependent on the person"s National Insurance contributions record over his working life.

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National Insurance (NI) Basic Pension - The basic state pension funded by a person"s National Insurance Contributions over his working life and part of the National Insurance Pension. The rate at which the basic pension is paid is dependent on the person"s National Insurance contributions record over his working life.

National Insurance (NI) Basic Pension : the basic state pension funded by a person"s national insurance contributions over his working life and part of the national insurance pension. the rate at which the basic pension is paid is dependent on the person"s national insurance contributions record over his working life.