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pensionable in Conditions of employment topic

From Longman Dictionary of Contemporary Englishpensionablepen‧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
pensionableAll 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 ageBy 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.