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pensionable

B2
adjective

Pronunciation

UK

  • /pˈɛnʃənəbəl/

US

  • /pˈɛnʃənəbəl/

Description

Imagine someone spending many years working as a teacher. Over time, that job may become pensionable, meaning it counts toward a pension or gives the person the right to receive pension benefits later.

The term is often used in work and retirement settings. It can describe a person who qualifies for a pension, a job that comes with pension rights, or part of a salary that is used to calculate pension benefits. If someone asks whether your role is pensionable, they are asking whether that work counts toward a pension scheme.

Examples

  1. 1

    Retirement age

    She plans to retire when she reaches pensionable age.

  2. 2

    Service credit

    Only five of his seven years with the company counted as pensionable service.

  3. 3

    Pay and benefits

    Her basic salary is pensionable, but her annual bonus is not.

Forms and spellings

1 form open this card.

Main spelling

  • pensionableadjective