pensionable pay
pensionable salary

The scheme provides a pension on retirement linked to final pensionable pay near that time.

For 40 years' membership, members receive a pension of two thirds pensionable pay near retirement.

The majority of the Group's employees participate in defined benefit pension schemes based on final pensionable pay.

The annual pension is increased for not less than the first 91 days of widowhood to the rate of the officer's pensionable pay.

A death benefit of at least two years' pensionable pay is payable to the personal representative of a civil servant who dies in service.

It also proposed to freeze pensionable pay for current employees for five years and eliminate the city's deferred retirement option.

The amount of pension paid depends on the officer's average pensionable pay, years of service and degree of disablement.

The cost is calculated with the benefit of advice from independent actuaries at what is expected to be a reasonably stable proportion of pensionable pay.

Pensionable pay is basic salary/wages and pensionable emoluments in whichever of the last 3 years of reckonable service gives the highest figure.

The assumptions used in these valuations vary according to local conditions, but depend heavily upon the assumed excess of investment returns over the rate of increase in pensionable pay.

The Government, on behalf of the taxpayer, should set out a fixed cost ceiling: the proportion of pensionable pay that they will contribute, on average, to employees' pensions over the long term.

Re-entry into the labour force after child-rearing was less usual for the older group than for the younger (Martin and Roberts 1984) and therefore fewer would have had pensionable paid employment in the years before retirement.

If the administration of this sounds burdensome you may want to consider self-certifying your pension scheme, which will enable you to base the contribution on your own definition of pensionable pay that could, in certain circumstances, exclude bonuses and commissions, although there is no minimum salary.

Those who leave the Service with 2 or more years qualifying service will receive a pension of l/80th of pensionable pay for each year of reckonable service and a lump sum of 3 times the pension, both payable at the minimum retirement age (60).

On the basis of the actuarial valuation the market value of the scheme assets in the Wedgwood Group Pension Plan at 31 December 1991 was IR£71.4 million and this exceeded the benefits that had accrued to members based on service to and pensionable pay at the valuation date.

The annual pensionable salaries paid to judges, which were last updated on 1 September 1994, are as follows:

The amount of basic salary which exceeds that which the employee would have received at home as a pensionable salary is termed an overseas allowance.

Somebody who has spent 40 years of his life working for the Scottish Transport Group would receive two thirds of his pensionable salary on retirement.

When Molaro officially retired on January 1, 2009, his pensionable salary was annualized as $144,000, nearly doubling his pension.

The director retired soon after with a tax-free cash lump sum a lot smaller than it need have been, because all the calculations were based on an artificially small definition of final pensionable salary.

A person who has worked for 40 years for the Scottish Transport Group or one of its subsidiaries will receive a maximum pension of, as I have said, two thirds of pensionable salary.

MPs will normally receive a pension of either 1/40th or 1/50th of their final pensionable salary for each year of pensionable service depending on the contribution rate they will have chosen.

Parliament is required by the Constitution to provide for the remuneration of the judges of the Supreme Court, and it has done so by enacting the Judges' Remuneration Act and issuing the Judges' Remuneration (Annual Pensionable Salary) Order pursuant to the Act.

Section 2(2) of the Act empowers the Minister of Law, at his discretion, to determine a judge's "pensionable and non-pensionable allowances and privileges ... which shall not be less than such pensionable and non-pensionable allowances and privileges as a public officer receiving the same pensionable salary would receive".