In this paper a system, RPF, of second-order relevance logic with S5 necessity is presented which contains a defined, notion of identity for propositions. A complete semantics is provided. It is shown that RPF allows for more than one necessary proposition. RPF contains primitive syntactic counterparts of the following semantic notions: (1) the reflexive, symmetrical, transitive binary alternativeness relation for S5 necessity, (2) the ternary Routley-Meyer alternativeness relation for implication, and (3) the Routley-Meyer notion of a prime intensional theory, as (...) well as defined syntactic counterparts, of the semantic notions of a possible world and the Routley-Meyer * operator. (shrink)