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occupational pension

British  

noun

  1. a pension scheme provided for the members of a particular occupation or by a specific employer or group of employers

  2. a pension derived from such a scheme

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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

It comes one day after the government issued new measures for occupational pension schemes.

From BBC • Jan. 17, 2022

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

Indeed, the British welfare state has divided its own constituency: few private-sector workers have access to any kind of occupational pension offering defined benefits.

From New York Times • Dec. 5, 2011

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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