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pensionable

pensionable

1 5.5
Can get regular payments after you stop work when you reach the required age or years of work
  • adjective
  • /ˈpɛnʃənəbl/
  • UK
: jubilable
  • A manager's pensionable salary would be based on an average of his or her highest three years of compensation, instead of just the highest salary year.
  • pensionable age

Examples

  • Therefore, the social resistance to the increase in effective retirement age, inter alia through increasing the pensionable age, is huge.

    Academic text (2018)
  • I think establishing the pensionable salary cap is a great idea.

    Blog text (26)
  • So we froze pensionable pay calculations for five years.

  • However, I do believe he's on to something by establishing the pensionable salary cap.

    Blog text (26)
  • Moreover, the resignation rate among young teachers was about 5% per year, and many pensionable teachers would reach retirement age during the next 5 to 10 years ("Teaching service").

    Academic text (2001)
  • The fourth problem is the loss of stability in the civil service through reforms such as the replacement of pensionable employment with contracts; linkage of pay raises with performance; compulsory early retirement; emphasis on productivity gains; and internal competition.

    Academic text (2001)
  • These include one or more of the following: lump sum payments to parents for the birth of each child, children's allowances to be paid out over a period of years, the counting of child-rearing years towards pensionable years, loans at low interest rates, housing vouchers, and a favorable tax structure.

    Academic text (2002)
  • Bertha Falkenberg, though herself of pensionable age, set up a group to help 'evacuees' by supplying them with extra provisions—sandwiches, coffee, water, and soup—at the railheads.

    Academic text (2010)
  • Many employees are concerned about their pensionable status as they approach retirement age.

  • The new policy outlines what qualifies as pensionable service for long-term employees.

Surface Forms

pensionable positive

Morphology

pensionable = pension (transparent) = pension + able

Productive adjectival formation from 'pension' with '-able' yields the clear meaning 'eligible for or able to receive a pension.'

Etymology

Pensionable comes from pension ('a regular payment after you stop working') and the ending -able ('can be'). So a pensionable job or person is one who 'can receive' a pension when they retire.