Focus on the pronunciation of State Second Pension
English definition of “State Second Pension”
State Second Pension (also state second pension)
noun [C or U] (abbreviation S2P)
› GOVERNMENT, FINANCE in the UK, a pension in addition to the basic state pension: He is also paying into the state second pension (S2P) through his national insurance contributions, which will provide a further pension. The state second pension was introduced in 2002.