Sentence examples for pensionable pay from inspiring English sources

BA's pensionable pay is on basic pay only.

They accumulate at the slower rate of a 43rd of the final pensionable pay per year of service, and include contribution rates that are due to rise to up to 8% of pensionable pay.

Where this shows an individual would have been entitled to a pay increase in 2011 and 2012, we will make the appropriate adjustment to pay and pensionable pay," a spokesman for Lloyds said.

The old judicial pensions – which before 2012 did not require any employee contributions – provided an income of a 40th of a judge's final pensionable pay multiplied by his or her length of service.

What's more, the Tier II benefits for all systems cap pensionable pay.

Lloyds staff who are members of the defined benefit scheme had their pensionable pay capped in 2014.

Changes proposed in late June include breaking the link between final salary and pension benefits by capping pensionable salary growth at 1% a year, whatever pay increases an employee received.

Changes proposed in late June include breaking the link between salary and pension benefits by capping pensionable salary growth at 1% a year, whatever pay increases an employee received.

While just 15% of private sector employees paid in more than 7% of their pensionable earnings, 37% of public sector workers did the same.

In other words, after this date pensionable salary will grow at a maximum of 1% per year, no matter what actual salary increases an employee receives".

It urged unions to forgo progression pay increases for a year in 2015-16, in exchange for applying the 1% rise across the board to the pensionable salary of NHS staff.