pensionable
/ˈpenʃənəbl̩/ adjective UKDefinition
› used to refer to someone's age, job, health, etc. when they are given the right to receive a pension: of pensionable age The survey reveals that 35% of employers are actively hiring people who are already of pensionable age. pensionable job/employment She has only had 15 years of pensionable employment, so is drawing a modest pension of only £3,300.
› pensionable pay, salary, etc. is the amount of money someone earns that is used to calculate the pension they will receive: Voluntary contributions to the scheme must not exceed 15% of pensionable earnings.
(Definition of pensionable adjective from the Cambridge Business English Dictionary
© Cambridge University Press)
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