Description |
Annual Pensionable Earnings |
Type : Currency |
Definition |
Annual Pensionable Earnings excludes non-salary income, as reported by the employer. It is the earnings amount that is pensionable. A client selects a percentage, according to the law, he/she would like to contribute towards their retirement fund. That percentage multiplied by their pensionable earnings is the amount of money that they may contribute towards their Retirement Fund. |
Parents |
Employment |