occupational pension
Britishnoun
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a pension scheme provided for the members of a particular occupation or by a specific employer or group of employers
-
a pension derived from such a scheme
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
"For individual pension savers at Alecta, the impact of this investment on future occupational pension payments is very small," it adds.
From Reuters ● Mar. 13, 2023
Abbey Life, a British insurer, has been closed to new business since February 2000, but it accepts increases on existing policies and new members to some pre-existing occupational pension plans.
From New York Times ● Sep. 28, 2016
Then, five years ago, they hit upon a solution – legislation was passed requiring every employer in the land, no matter what its size, to offer staff an occupational pension scheme.
From Forbes ● Oct. 30, 2014
Membership of defined contribution occupational pension schemes also fell slightly, from 9% to 6%.
From BBC ● Feb. 24, 2012
Unions have complained that occupational pension savers risk being punished under the new rules with lower pension payouts when they retire.
From The Guardian ● Jan. 24, 2011
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