abstract:The State Second Pension, or S2P, was introduced in the UK by the Labour Government on 6 April 2002, to replace the SERPS (State Earnings Related Pension Scheme). The main aim of this change was to skew existing Additional Pension (or AP) benefits in favour of low and moderate earners at the expense of higher earners and to extend access to include certain carers and people with long-term illness or disability for the first time.
The secondcontroversial ideais to consult onthe notion of creating an automaticlink between life expectancy (rising fast) and the age at which the statepension can be claimed.