pensionablepen·sion·a·ble /ˈpenʃənəbəl/ adjectiveadj1having 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.