Contracting out

Contracting out of state second pension (S2P)

  • What 'contracting out' means, and how to find out if you are contracted out or not
  • The options explained; including defined benefit (DB) and defined contribution (DB) pensions
  • How 2012 rule changes will affect those in a defined contribution (DC) pension scheme

What's in this guide

What contracting out means

State additional pension (S2P) and contracting out explained. How contracting out will still impact your state pension.

Am I contracted out?

It's important to be clear about whether or not you're contracted out. Contracting out ends in April 2016.

Contracting out in the the 1980s

The growth of contracting out - and why it offered individuals a poor deal.


Useful contacts for anyone who was contracted out

Which? Limited (registered in England and Wales number 00677665) is an Introducer Appointed Representative of Which? Financial Services Limited (registered in England and Wales number 07239342). Which? Financial Services Limited is authorised and regulated by the Financial Conduct Authority (FRN 527029). Which? Mortgage Advisers and Which? Money Compare are trading names of Which? Financial Services Limited. Registered office: 2 Marylebone Road, London NW1 4DF.