Common use of Final Compensation Clause in Contracts

Final Compensation. For the purposes of determining a retirement benefit, final compensation for bargaining unit members covered by this Section 6.1.1 shall mean the highest twelve (12) consecutive month period as specified in Government Code Section 20042.

Appears in 14 contracts

Samples: Service Employees, Service Employees, Service Employees

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Final Compensation. For the purposes of determining a retirement benefit, final compensation for bargaining unit members represented employees covered by this Section 6.1.1 7.1 shall mean the highest twelve (12) consecutive month period as specified in Government Code Section 20042.

Appears in 5 contracts

Samples: www.ifpte21.org, cao-94612.s3.amazonaws.com, cao-94612.s3.us-west-2.amazonaws.com

Final Compensation. For the purposes of determining a retirement benefit, final compensation for bargaining unit members covered by this Section 6.1.1 shall mean the highest twelve (12) consecutive month period as specified in Government Code Section 20042. The City Agrees not to modify the 2.7% at 55 retirement plan benefits for members vested with that plan.

Appears in 2 contracts

Samples: Confidential Management Employees, Confidential Management Employees

Final Compensation. For the purposes of determining a retirement benefit, final compensation for bargaining unit members covered by this Section 6.1.1 subsection A shall mean the highest twelve (12) consecutive month period as specified in Government Code Section 20042period.

Appears in 2 contracts

Samples: www.nationalcityca.gov, www.nationalcityca.gov

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Final Compensation. For the purposes of determining a retirement benefit, final compensation for bargaining unit members covered by this Section 6.1.1 subsection B shall mean the highest twelve (12) consecutive month period as specified in Government Code Section 20042period.

Appears in 2 contracts

Samples: www.nationalcityca.gov, www.nationalcityca.gov

Final Compensation. β€Œ For the purposes of determining a retirement benefit, final compensation for bargaining unit members covered by this Section 6.1.1 shall mean the highest twelve (12) consecutive month period as specified in Government Code Section 20042. The City Agrees not to modify the 2.7% at 55 retirement plan benefits for members vested with that plan.

Appears in 1 contract

Samples: Confidential Management Employees

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