Sentences with phrase «pensionable amount»

Under that plan, those who make more than the current maximum pensionable amount would end up paying more into the system, but would stand to receive a larger pension.

Not exact matches

If the reviews proposals for police pay are accepted and 40 % of police officers, many amongst the most experienced, loose significant amounts of pay, including pensionable pay, what chances are there that those officers will accept a new negotiating system proposed by the same review body.

So presumably, the less wealthy, after being told what to spend their money on by «society» for all their working years, reach pensionable age fully moulded by a paternalistic government into financially responsible citizens who will commit a significant amount of their time to research where they want to invest their pensions, and subsequently enjoy «regular updates on how their pension fund was growing» — because of course, like house prices, pension funds can only rise in value.

David Trahair: Yeah, basically it's tied to the year's maximum pensionable earnings amount.

Your CPP amount depends essentially on averaging your contributions and «pensionable earnings» from age 18 until the point you start taking CPP.

Ishak says it's unclear what exactly that entails, but he says what's going to have an impact on the case is to what extent the grievances were about McLaughlin not being in the correct job and if the amount he was paid, as a result of those grievances, is pensionable.