State Second Pension Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “State Second Pension” in the English Dictionary

"State Second Pension" in Business English

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State Second Pensionnoun [C or U]

also state second pension uk   us   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.
(Definition of State Second Pension from the Cambridge Business English Dictionary © Cambridge University Press)
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