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His contract of employment, seen by the Guardian, simply states: "The executive shall have a taxable, non-pensionable allowance of £440,000 per annum, payable in equal monthly instalments".
It's not an allowance – it's a second, non-pensionable, salary.
Only 1% of people under pensionable age and seeking full-time work were claiming jobseekers allowance in February.
It reduced annual increases in pension payments, raised the retirement age and capped pensionable salaries.
Allowance must then be made for those persons who continue to work for gain after attaining pensionable age.
Everyone involved is of pensionable age.
attendance allowance.
No allowance.
Odder still is that both are of pensionable age.
But British opera and theatre don't do salaried pensionable ensembles.
Age: Pensionable – the airline is 65 years old this year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com