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Longman Dictionary English

From Longman Dictionary of Contemporary English
Related topics: Conditions of employment
pensionablepen‧sion‧a‧ble /ˈpenʃənəbəl/ adjective British English 1 BECgiving someone the right to receive a pension 36% of the population were of pensionable age.2 → pensionable pay/salary etc
Examples from the Corpus
pensionable• All people of pensionable age have a right, under the Supplementary Benefits Act 1966, to a guaranteed income.• It applies only to those reaching pensionable age since April 1978 and will not reach full maturity until 1998.• By the 1890s civil servants had become obliged to retire on reaching pensionable age.• To qualify for the higher limit, disablement must occur before reaching pensionable age.• The maximum pension will now be 20 percent, rather than 25 percent of average pensionable earnings.• For 40 years' membership, members receive a pension of two thirds pensionable pay near retirement.• This may reflect the fact that they are not in pensionable service with their employing organisation.• Nursing in public hospitals was also pensionable, while the more prestigious voluntary hospitals were early pension providers.pensionable age• By the 1890s civil servants had become obliged to retire on reaching pensionable age.• In 1963 my father died at the age of sixty-one, four years short of his pensionable age.• To qualify for the higher limit, disablement must occur before reaching pensionable age.• All people of pensionable age have a right, under the Supplementary Benefits Act 1966, to a guaranteed income.• Raising the pensionable age, however, was not enough to meet the Treasury's requirements.• It applies only to those reaching pensionable age since April 1978 and will not reach full maturity until 1998.• The threshold for childless couples under pensionable age was 57 percent above income support levels.• The number of those over pensionable age will be far higher in the next century than it is today.
From Longman Business Dictionarypensionablepen‧sion‧a‧ble /ˈpenʃənəbəl/ adjective1having the right to receive a pensionWe wish to encourage people to go on working after pensionable age (=the age at which they would normally receive a pension).Donald retired at 56, after attaining the maximum pensionable service (=working enough years to get the highest possible pension) with an insurance company.The Civil Service came to be thought of as a secure, pensionable occupation.2pensionable pay/salaryACCOUNTINGHUMAN RESOURCES pay from which money is regularly taken to pay for a pensionThe employee’s contribution is 5% of pensionable salary.
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