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This value, together with the number of years of pensionable service becomes the key input into the pension benefit calculation.
I assume that the benefit provided is a pension of one-sixtieth of final salary for each year of pensionable service.
This study defines older people as those of pensionable age, that is, women aged 60 years or older and men aged 65 years or older.
The first phase of the project consisted of a questionnaire survey of 627 people of pensionable age, in the three urban locations.
So, while the 1999 reform did extend the coverage of the scheme, the level of benefits was decreased and the pensionable age increased.
Analysis of variance, controlling for age, for those under pensionable age, and for marital status, education and republic of origin.
The pensionable salary was the average of the last five years of work, of which the last three years were indexed up according to inflation.
In different countries the same process is now being extended to groups of workers below the previously agreed pensionable ages.
The 35-year pensionable service cap remains for all service credited before 1992.
Secondly, of the 63 respondents approaching pensionable age (under current entitlements) at least eight felt that they might face problems in this respect, or were unsure about their entitlement.
One is that 41 of our respondents were of pensionable age when interviewed but seven of these were not receiving a state pension, six being women.
The study is unusual in that it includes people of pensionable age and found that the highest levels of wellbeing were among those who were employed at these ages.
This would follow the alignment of the pensionable age for women with that of men at 65 years, which it has been agreed will come into force in 2020.
The first phase was a questionnaire survey of 627 older people, based on a random sample of people of pensionable age in the three urban locations.
The regulations provide that refunds may be claimed when pensionable age is reached.
