The Independence Debate
9.2 Occupational and Private Pensions
Existing occupational and private pension schemes would continue. These are primarily private contractual arrangements between individuals, employers and pension providers.
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Existing occupational and private pension schemes would continue. These are primarily private contractual arrangements between individuals, employers and pension providers.
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All accrued State Pension rights based on National Insurance contributions paid up to the date of independence would be fully protected and paid. People who have already built up entitlement would continue to receive their pension.
The Independence Debate
This is one of the public's highest-concern areas. These positions prioritise continuity of payment, protection of accrued rights, and a clear path to a fully Scottish system. All answers are achievable through negotiation and phased delivery.
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Scotland’s large renewable resources and potential to export clean power create opportunities for lower long-term costs and greater energy security, but only if the system is well designed and cooperation with the rest of the UK is maintained.
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Scotland would accelerate the build-out of renewable energy — especially offshore wind — as a core economic and export opportunity, while managing a just transition for oil and gas workers and communities.
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The GB systems are highly integrated; Scotland is a major exporter of renewable electricity southwards and relies on wider system balancing and supply security.
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A substantial share of net revenues from oil, gas and, over time, other natural resource income would be paid into the Scottish Wealth Fund. Strict, legislated rules would govern the Fund, modelled on the Norwegian Government Pension Fund Global.
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Scotland would control the oil and gas resources in its territorial waters and on its share of the continental shelf.
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Scotland’s energy position into a strategic asset. Control of resources funds the Wealth Fund, renewables provide the long-term growth engine, and practical cooperation with the rest of the UK protects consumers and system reliability.
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Scotland would attract and retain business and investment by offering political and economic stability, a skilled workforce, strong universities, a clear long-term energy advantage, and a competitive but predictable tax and regulatory environment.
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The system would be designed to prevent anti-competitive behaviour and unfair subsidies while giving the Scottish Government flexibility to support strategic industries, regional development and the energy transition.
The Independence Debate
Priority would be given to agreements that open markets for Scotland’s strongest export sectors: food and drink, energy and low-carbon goods and services, professional and financial services, advanced manufacturing, and tourism-related services.