This is a definition of pensionable earnings at least equal to basic pay that includes Salary / Wages, holiday pay as well any statutory payments (such as SMP, SPP, SSP). This definition allows the employer to exclude certain components of pay such as bonuses, overtime, commission and certain allowances.

on pensionable salary, which means basic salary, variable salary and benefits. Severance pay. Upon termination on the initiative of Betsson, 

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The benefits may, in some cases be based on an average salary.

2014-10-28

pensionable pay/salary etc. pensionable pay/salary etc. BE. pay from which money is regularly taken for a pension The employee’s contribution is 5% of pensionable salary. → pensionable Examples from the Corpus pensionable pay/salary etc • For 40 years' membership, members receive a pension of two The pensionable earnings, at or near retirement or earlier leaving service, on which a defined benefit pension is typically calculated.

What are pensionable earnings? Employers make contributions to an employee's pension fund based on a percentage of the employee's qualifying earnings.

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The pensionable Pensionable income is the income used by your employer to calculate your pension or provident fund contribution. This income will typically include any fixed remuneration (e.g. salary or wages) but may exclude variable amounts such as commissions, bonuses and overtime. If you are a member of a pension or provident fund and all your remuneration (i. 2010-10-03 Pensionable pay is any part of your pay from which contributions have been deducted - basic pay, bonus payments, contractual overtime, and weekend enhancement. Call us 0345 890 8999 10.1.5 Pensionable earnings are the total of basic salary (or wages) and other pensionable emoluments.
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pensionable pay/salary etc. BE. pay from which money is regularly taken for a pension The employee’s contribution is 5% of pensionable salary. → pensionable Examples from the Corpus pensionable pay/salary etc • For 40 years' membership, members receive a pension of two Pensionable earnings/pensionable salary The earnings or salary on which contributions, pensions and lump sum benefits are typically calculated in a pension scheme.

or; earnings of at least 35% of the year's maximum pensionable earnings (YMPE). Pensionable base salary in the Pension Fund: CHF 61,320 The additional pensionable Award means that the amount of CHF 100,380 is exceeded.
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2018-08-18

See Record page 39. 16 January 2015 at 8:49. Pensionable earnings would be the income from an employer on which your pension contribution counts towards.

In this method, pensionable earnings = the employee’s basic salary before any bonuses, overtime or commission. Qualifying earnings This method is most commonly …

A sum of money paid regularly as a retirement benefit or by way of patronage.

Any final salary benefits including any paid to transition members with a final salary link will still have the restricted salary provision applied.