The word "pensionable" is spelled with four syllables: pen/shuh/nuh/buhl. The first syllable "pen" is pronounced as "pɛn", while the second syllable "shuh" is pronounced as "ʃə". The third syllable "nuh" is pronounced as "nə", and the final syllable "buhl" is pronounced as "bəl". The phonetic transcription helps understand the correct pronunciation of the word, which means something is eligible for a pension, such as a job, period of time, or age.
The term "pensionable" is an adjective used to describe something that is eligible for receiving pension benefits. It is typically associated with employment or membership in a specific pension scheme.
In the context of employment, "pensionable" refers to the portion of an individual's salary or income that is subject to deductions for pension contributions. It may indicate that a certain percentage or amount of an employee's earnings is considered pensionable, meaning that it will be used to calculate their pension benefits when they reach retirement age or meet the required eligibility criteria. This portion may vary depending on the pension scheme or the terms negotiated between the employee and the employer.
Furthermore, "pensionable" can also refer to the period of time or service that counts towards qualifying for a pension. It denotes the length of time an individual has contributed to a pension scheme, typically through continuous employment, and that can be used to determine the amount and duration of their pension benefits.
In summary, "pensionable" describes the extent to which income or service is eligible for inclusion in pension calculations. It highlights the aspect of remuneration or the duration of employment that qualifies for pension benefits as determined by the terms of the pension scheme or employment agreement.
The word "pensionable" is derived from the noun "pension", which traces its origins to the Middle English word "pensio(u)n" from the Old French "pension" and Latin "pensio". In Latin, "pensio" referred to a "payment" or "tribute", specifically in the context of a regular sum of money paid as a wage or salary. Over time, the term "pension" came to be associated with a regular payment made to someone, such as a retired employee, as a form of income or financial support. Thus, "pensionable" refers to something that is eligible or capable of receiving a pension.