occupational pension scheme
noun[C]
HRUKukus(abbreviationOPS);(alsooccupational scheme)asystemforpayingmoneytowards apensionarrangedbyyouremployer:
Mostoccupationalpensionschemesdo notallowmemberstoinvestmore than acertainamount.
As amemberof anoccupationalscheme, he cancontributeup to 15% of hissalary.