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She's been contributing to an occupational pension for three years.
»The average occupational pension paid out just €4,000 per year.
Financial and business terms. 2012.
occupational pension — noun A pension paid by a person s employers, usu based on a personal pension scheme, as distinct from a state pension • • • Main Entry: ↑occupy * * * occupational pension UK US noun [countable] [singular occupational pension … Useful english dictionary
occupational pension — UK / US noun [countable] Word forms occupational pension : singular occupational pension plural occupational pensions British an amount of money that an employer pays regularly to someone who has retired because they are officially too old to… … English dictionary
occupational pension scheme — Under the Pension Schemes Act 1993, an employer can contract out of the SERPs element of the state pension scheme (hence qualifying for contracted out rebate on National Insurance Contributions) by means of an occupational pension scheme. There… … Law dictionary
occupational pension scheme — superannuation A pension scheme open to employees within a certain trade or profession or working for a particular firm. An occupational pension scheme can either be insured or self administered. If it is insured, an insurance company pays the… … Accounting dictionary
occupational pension scheme — superannuation A pension scheme open to employees within a certain trade or profession or working for a particular firm. An occupational pension scheme can either be insured or self administered. If it is insured, an insurance company pays the… … Big dictionary of business and management
occupational pension scheme — A scheme run by the employer for whom you work, to build up a retirement pension. The maximum pension under this kind of scheme is two thirds of final salary. Financial Services Glossary * * * occupational pension scheme UK US noun [C] (UK HR ► a … Financial and business terms
occupational pension — occu,pational pension noun count BRITISH an amount of money that an employer pays regularly to someone who has RETIRED because they are officially too old to work … Usage of the words and phrases in modern English
occupational pension — /ˌɒkjυpeɪʃ(ə)nəl penʃə/ noun a pension which is paid by the company by which a worker has been employed … Dictionary of banking and finance
occupational pension scheme — /ˌɒkjυpeɪʃ(ə)nəl penʃən ski:m/ noun a pension scheme where the worker gets a pension from a fund set up by the company he or she has worked for, which is related to the salary he or she was earning. Also called company pension scheme … Dictionary of banking and finance
Frozen Occupational Pension — A frozen occupational pension (or a preserved pension ) is one which has been left behind in an occupational pension scheme by people who are no longer employed by the sponsoring employer. These pensions are frozen until retirement age. This does … Wikipedia
