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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.

Like Jenny, Michelle believes that carers should be entitled to some form of occupational pension to reflect the full-time role they do.

From BBC • May 22, 2023

"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

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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