From Longman Dictionary of Contemporary Englishpensionable pay/salary etcpensionable pay/salary etcBEpay from which money is regularly taken for a pension The employee’s contribution is 5% of pensionable salary. → pensionable
Examples from the Corpus
pensionable pay/salary etc• For 40 years' membership, members receive a pension of two thirds pensionable pay near retirement.• The scheme provides a pension on retirement linked to final pensionable pay near that time. 