|Definition||:||Guaranteed Minimum Pension|
|Category||:||Governmental » Rules & Regulations|
What does GMP mean?
Guaranteed Minimum Pension (GMP) is the minimum pension that a pension scheme has to provide to its members if they were contracted out of the State Earnings Related Pension Schemes (SERPS) between 6 April 1978 and 5 April 1997 in the United Kingdom.
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Frequently Asked Questions (FAQ)
What is the full form of GMP in Pensions (UK)?
The full form of GMP is Guaranteed Minimum Pension