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Forming or serving as a pension.‘the reduction of pensionary benefits’
- ‘To meet the higher pensionary payments due to increase in the number of pensioners and higher dearness relief, appropriation to the Pension Fund has been enhanced.’
- ‘Start with basic amenities, education, Medicare, pensionary benefits, social security to victims of militancy and handicapped persons, economic development of remote parts of the state, violence-free living and so on.’
- ‘Have an idea of what pensionary benefits you are entitled to so that you can assess whether you can keep up the standard of living that you are used to, after retirement.’
- ‘When it is decided to extend the pensionary benefits to ex-servicemen drawing pension, the denial of the benefit to some of the serving employees should be based on rational and intelligible criterion.’
- ‘Such measures could take appropriate account of his testamentary and pensionary expectations.’
1dated A person who receives a pension.‘she was a pensionary of the family’
2historical A leading town official in the Netherlands during the 14th–18th centuries.
Late 15th century (in sense ‘paying a pension’): from pension + -ary, after medieval Latin pensionarius ‘paying a pension’.
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