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An occupational pension fund, also referred to as an employer funded or employer administered scheme, is a pension offered by an employer to an employee's retirement scheme. Within the European Union (EU), these pension funds can vary throughout certain Member States due to differences in retirement ages in Europe, salaries and length of careers, labour and tax laws, and phases of reform.

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  • An occupational pension fund, also referred to as an employer funded or employer administered scheme, is a pension offered by an employer to an employee's retirement scheme. Within the European Union (EU), these pension funds can vary throughout certain Member States due to differences in retirement ages in Europe, salaries and length of careers, labour and tax laws, and phases of reform. This form deferred compensation can be paid out regularly each month once the employee has retired. It is both beneficial for the employee by saving on taxation and social insurance payments and the employer to attract potential employees and to retain existing as an incentive. It is known as the “second pillar” of a supplementary pension plan which includes the contribution of employers. This free movement of workers in the EU allows them to uphold their rights when moving to other Member States. (en)
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  • An occupational pension fund, also referred to as an employer funded or employer administered scheme, is a pension offered by an employer to an employee's retirement scheme. Within the European Union (EU), these pension funds can vary throughout certain Member States due to differences in retirement ages in Europe, salaries and length of careers, labour and tax laws, and phases of reform. (en)
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  • Occupational pension funds in the EU (en)
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