pensionable
adjective
UK /ˈpenʃənəbl̩/ ukusused to refer to someone's age, job, health, etc. when they are given the right to receive a pension:
of pensionable age The survey reveals that 35% of employers are actively hiring people who are already of pensionable age.
pensionable job/employment She has only had 15 years of pensionable employment, so is drawing a modest pension of only £3,300.
pensionable pay, salary, etc. is the amount of money someone earns that is used to calculate the pension they will receive:
Voluntary contributions to the scheme must not exceed 15% of pensionable earnings.