Definition of pensionable in English:

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pensionable

Pronunciation: /ˈpɛnʃ(ə)nəb(ə)l/

adjective

Entitling to or qualifying for a pension: women over pensionable age
More example sentences
  • In defined benefit schemes, a member accrues pension benefits based on their service, the amount of pension accrued for each year of service and their pensionable salary.
  • If you are a member of an occupational scheme, you are entitled to a maximum of up to 1.5 times your final pensionable salary, depending on your years of service.
  • For individuals in occupational pension schemes the maximum contribution you can make is 15 per cent of your pensionable salary.

Derivatives

pensionability

Pronunciation: /pɛnʃ(ə)nəˈbɪlɪti/
noun
Example sentences
  • Although there was some suggestion the rate would be examined and pensionability would be discussed, none of the proposals were firm.
  • Meanwhile, talks between teachers' unions and the Department of Education on the issue of pensionability broke down yesterday as both sides failed to hammer out an agreement on the contentious issue.
  • The issue of pensionability was a key thorn in the side for two other unions which have already voted on the deal.

For editors and proofreaders

Line breaks: pen¦sion|able

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