Pensionable Salary definition

Pensionable Salary. The sum of paid salary, wages and remuneration comprised by Articles 2.1.2.1 and 2.2.1 and which is pensionable salary to the employees of an operator.
Pensionable Salary means that part of pensionable remuneration which relates to salary and pensionable variable allowances, if any. It differs from pensionable remuneration only in excluding pensionable fixed periodic allowances.
Pensionable Salary means a member’s basic monthly salary, plus any other earnings

Examples of Pensionable Salary in a sentence

  • Currently, the pension allowance for the part of the Annual Base Compensation exceeding the Statutory Pensionable Salary is set at 25% of the Annual Base Compensation exceeding the Statutory Pensionable Salary.

  • In respect of the pensionable salary exceeding the Statutory Pensionable Salary, the Director shall be entitled to the pension allowance in accordance with the rules and conditions governing this pension allowance.

  • In respect of your pensionable salary exceeding the Statutory Pensionable Salary, you shall be entitled to the pension allowance applicable to members of the Executive Committee, in accordance with the rules and conditions governing this pension allowance.

  • The Pensionable Salary as specified in the pension scheme regulations.

  • The Pensionable Salary does not change after one of the Variations comes into effect.


More Definitions of Pensionable Salary

Pensionable Salary means a Member's Basic Salary from the Employer. It includes London weighting and such other regular additions to Basic Salary as the BBC may determine from time to time. It does not include any other allowance, bonus, overtime earnings or temporary or fluctuating emoluments not specifically recognised by the BBC as being included in Pensionable Salary.
Pensionable Salary means the greater of
Pensionable Salary means in relation to a Member the basic salary or wage of such Member from his Employer together with any allowance and other emoluments from the Employer which the Employer shall have determined to include for this purpose, but excluding all other allowances and emoluments,
Pensionable Salary means the sum of paid salary, wages and remuneration comprised by item 2.1.2.a) and 2.2.1 and which is pensionable salary to the employees of the Technical Services Provider.
Pensionable Salary means the monthly, weekly, daily or hourly pay, as the case may be of an ACTIVE MEMBER, and shall include:
Pensionable Salary means your basic pay and any permanent shift allowance received in the Scheme Year. If your Pensionable Service started on or after 1 June 1989, your Pensionable Salary cannot exceed the Earnings Cap. The Company’s decision as to whether any aspect of your remuneration is pensionable is final.
Pensionable Salary in relation to a teacher means the amount representing the average salary of the teacher during such number of years as may be prescribed, being years immediately before—