apensionfrom anemployerratherthan thegovernment:She's beencontributingto anoccupationalpensionfor threeyears.Theaverageoccupationalpensionpaidout just 4,000peryear.Comparestakeholder pension(Definition ofoccupational pensionfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofoccupational pension
occupational pensionIt was financed by members' contributions which were deducted from their pay, and has therefore been described as the world's firstoccupationalpensionscheme.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Occupationalpensionschemes are included as pay, even though the scheme operated by a trust technically independent of the employers.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Occupationalpensionscheme membership had remained stable over the period from 1987 to 1993-4, in spite of increased opportunity to join a scheme.From theCambridge English CorpusHere, we only consider a defined-benefit rule, since 90 % ofoccupationalpensionschemes were in such a scheme in 2000.From theCambridge English CorpusIn the field ofoccupationalpensionschemes, a series of losses ofoccupationalpensionfunds was discovered, caused by poor fund management.From theCambridge English CorpusThe main objectives concerned the cost of the state scheme and the growing opportunities for fundedoccupationalpensionschemes.From theCambridge English CorpusTo be clear, chance does not fully explain the distribution of occupational pensions, and class and gender remain very important predictors ofoccupationalpensionaccess.From theCambridge English CorpusThis could possibly be due to the fact that the mean age of people owning anoccupationalpensionis 41.7 years.From theCambridge English CorpusOne of the main reasons the unions finally accepted reform was thatoccupationalpensionschemes were included as options in the new private pension system.From theCambridge English CorpusEarlier research has shown that those who retire significantly before state pension age are more unlikely to have anoccupationalpensionscheme.From theCambridge English CorpusThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/occupational-pension##