pensionable - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “pensionable”

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pensionable

adjective
 
 
/ˈpenʃənəbl̩/ UK
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.
Translations of “pensionable”
in Chinese (Traditional) 有權領取養老金(或退休金、撫恤金)的…
in Chinese (Simplified) 有权领取养老金(或退休金、抚恤金)的…
(Definition of pensionable from the Cambridge Business English Dictionary © Cambridge University Press)
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