COPE Pensions

Learn what COPE (Contracted-Out Pension Equivalent) means, how it affects your State Pension, and where your COPE pension is paid from.

COPE (Contracted-Out Pension Equivalent) refers to the portion of your pension that comes from a workplace or private pension scheme, rather than the State Pension. If you were contracted out of the Additional State Pension (SERPS or S2P) before April 2016, your State Pension may be lower, but your workplace pension should compensate for the difference. Find out how COPE pensions work, how to check your entitlement, and whether it affects your retirement income.