What is non-protected rights (NPR) protected rights (PRP)?

Protected rights

Protected rights are pension funds that build up from National Insurance ‘rebates’ (also known as contracting-out contributions) paid to your pension plan. These funds are a result of contracting out of the State Second Pension (formerly the State Earnings Related Pension Scheme) under your current plan and or a previous plan.

Non-protected rights

These make up the rest of your personal pension fund under your plan. They are built up from pension contributions made by you, and/or your employer or transferring similar contributions to your plan from another pension plan.