occupational pension scheme Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "occupational pension scheme" - Business English Dictionary

occupational pension scheme

noun [C]
 
 
( abbreviation OPS, also occupational scheme) UK HR
a system for paying money towards a pension arranged by your employer: Most occupational pension schemes do not allow members to invest more than a certain amount. As a member of an occupational scheme, he can contribute up to 15% of his salary.
(Definition of occupational pension scheme from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of occupational pension scheme?
Add Cambridge dictionaries to your browser to your website
Word of the Day
lap

to go past someone in a race who has been round the track one less time than you

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More