pensionable

noun

1. a payment, not wages, made regularly to a person (or to his family) who has fulfilled certain conditions of service, reached a certain age, etc.: a soldier's pension, an old-age pension
2. a regular payment, not a fee, given to an artist, etc. by a patron; subsidy
3. in France and other continental countries
   1. a boardinghouse
   2. room and board

transitive verb