Dictionary Workbench Ondict

State Second Pension, the

Dictionary entry view. Switch to definition mode above when you know the meaning but not the word.

State Second Pension, the

the State Second PensionState Second Pension, the // (abbreviation S2P)  a UK government pension scheme that increases the amount of extra pension payments made to workers on low and middle incomes and to people who are ill or have disabilities (disability). These pension payments were formerly made through the State Earnings-Related Pension Scheme (SERPS).From Longman Business DictionaryState Second PensionˌState ˌSecond ˈPensionFINANCE in Britain, a state pension which is in addition to the basic state pension. It replaced SERPS pension
government a Business pension the extra UK amount that of increases scheme


State Second Pension, the
State Second Pension, the (abbreviation S2P)
a UK government pension scheme that increases the amount of extra pension payments made to workers on low and middle incomes and to people who are ill or have disabilities (disability). These pension payments were formerly made through the State Earnings-Related Pension Scheme (SERPS).