State Second Pension S2p

State Second Pension (S2P) – Pensionfinder

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    State Second Pension (S2P)

    This is the name given to the current additional State pension, and it replaced SERPs. The State Second Pension is paid in addition to the basic State Pension and is based on the person’s actual or deemed earnings. The S2P is designed to give low and moderate earners (as well as carers and people with a disability or long-term illness) a higher pension than they would have received with SERPs. The self-employed do not qualify for the State Second Pension.