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occupational pension

   Also found in: Legal, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
occupational pension
n
1. (Business / Industrial Relations & HR Terms) a pension scheme provided for the members of a particular occupation or by a specific employer or group of employers
2. (Business / Industrial Relations & HR Terms) a pension derived from such a scheme


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About half of them are in "good" occupational pension schemes of which about half are public sector employees (civil service).
Anthony Parfitt, who lives in a static caravan at Trecco Bay, Porthcawl, admitted failing to disclose that he was receiving an occupational pension when he claimed Income Support on August 23, 2002.
A government plan to increase the number of workers in occupational pension schemes could lead to widespread cuts in existing retirement provision, according to a survey of small employers published today.
 
 
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