Benefit Calculation. The retirement pay benefit shall be calculated according to the following:
Benefit Calculation. The amount of the benefit due an employee shall be calculated by:
Benefit Calculation. For retirement system purposes the member’s retirement benefit is calculated on the date of retirement prior to participation in the DROP. The COLA component of the frozen benefit, calculated as of March 31, 2012, will accrue during participation in the DROP.
Benefit Calculation. The amount of severance pay check due an employee shall be computed as follows:
Benefit Calculation. The amount of the severance benefit due an employee shall be calculated by:
Benefit Calculation. For purposes of calculating the supplemental retirement benefits, the following assumptions shall be utilized.
Benefit Calculation. 8.3.1 Payment shall be made for the unit member's accrued but unused sick leave days at the time of retirement or death based on 29 percent of the value of his/her accrued sick leave days.
Benefit Calculation. The applicable number of weeks multiplied by the employee’s basic weekly wage rate, prorated for part-time employees, shall equal the total amount payable to the employee hereunder, but shall in no event exceed $26,500.00.
Benefit Calculation. The amount of the benefit due a teacher shall be calculated by:
