Common use of Final Compensation Clause in Contracts

Final Compensation. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

Appears in 14 contracts

Sources: Memorandum of Understanding, Collective Bargaining Agreement, Collective Bargaining Agreement

Final Compensation. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 151, 20112007, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 151, 20112007, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

Appears in 7 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Final Compensation. Final Compensation compensation for an employee, employee who is employed by the State for the first time and becomes a member of CalPERS prior to January 151, 2011, 2007 is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation compensation for an employee, employee who is employed by the State for the first time and becomes a member of CalPERS on or after January 151, 2011, 2007 is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

Appears in 5 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Final Compensation. Final Compensation compensation for an employee, employee who is employed by the State for the first time and becomes a member of CalPERS prior to January 151, 20112007, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation compensation for an employee, employee who is employed by the State for the first time and becomes a member of CalPERS on or after January 151, 20112007, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

Appears in 4 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Bargaining Agreement

Final Compensation. Final Compensation compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, employee who is employed by the State for the first time and becomes a member of CalPERS on or after January 151, 20112007, is retirement benefits are based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment. Final compensation for an employee who is employed by the State for the first time and become a member of CalPERS prior to January 1, 2007, retirement benefits are based on the highest average monthly pay rate during twelve (12) consecutive months of employment.

Appears in 4 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Final Compensation. Final Compensation for an employee, employee who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

Appears in 4 contracts

Sources: Memorandum of Understanding, Bargaining Agreement, Memorandum of Understanding

Final Compensation. Final Compensation compensation for an employee, employee who is employed by the State for the first time and becomes a member of CalPERS prior to January 151, 20112007, is retirement benefits are based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation compensation for an employee, employee who is employed by the State for the first time and becomes a member of CalPERS on or after January 151, 20112007, is retirement benefits are based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Bargaining Agreement, Bargaining Agreement

Final Compensation. Final Compensation compensation for an employee, who employee sho is employed by the State for the first time and becomes a member of CalPERS prior to January 151, 20112007, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation compensation for an employee, employee who is employed by the State for the first time and becomes a member of CalPERS on or after January 151, 20112007, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Bargaining Agreement, Bargaining Agreement

Final Compensation. Final Compensation compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, employee who is employed by the State for the first time and becomes a member of CalPERS on or after January 151, 20112007, is retirement benefits are based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment. Final compensation for an employee who is employed by the State for the first time and becomes a member of CalPERS prior to January 1, 2007, retirement benefits are based on the highest average monthly pay rate during twelve (12) consecutive months of employment.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Final Compensation. Final Compensation for an a Unit 7 Miscellaneous/Industrial employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 151, 20112007, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an a Unit 7 Miscellaneous/Industrial employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 151, 20112007, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Final Compensation. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 151, 20112007, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 151, 20112007, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Principal Labor Relations Officer, CalHR

Appears in 2 contracts

Sources: Side Letter Agreement, Side Letter Agreement

Final Compensation. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 151, 20112007, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.twelve

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement

Final Compensation. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 151, 20112007, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 151, 20112007, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Principal Labor Relations Officer, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ CAPS CalHR

Appears in 1 contract

Sources: Side Letter Agreement

Final Compensation. Final Compensation compensation for an employee, employee who is employed by the State for the first time and becomes a member of CalPERS prior to January 151, 20112007, is retirement benefits are based on the highest average monthly pay rate during twelve (12) consecutive months of employment. employment.‌ Final Compensation compensation for an employee, employee who is employed by the State for the first time and becomes a member of CalPERS on or after January 151, 20112007, is retirement benefits are based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Final Compensation. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 151, 20112007, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 151, 20112007, is based on the highest average monthly pay rate during thirty-thirty- six (36) consecutive months of employment.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Final Compensation. Final Compensation compensation for an employee, employee who is employed by the State for the first time and becomes a member of CalPERS prior to January 15July 1, 2011, 2006 is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation compensation for an employee, employee who is employed by the State for the first time and becomes a member of CalPERS on or after January 15July 1, 2011, 2006 is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment. A. State Safety members first employed by the State prior to January 15, 2011 are subject to the State Safety A Retirement Formula.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Final Compensation. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.six

Appears in 1 contract

Sources: Collective Bargaining Agreement