Final Compensation. For the purposes of determining a retirement benefit, final compensation for bargaining unit members covered by this Section 6.1.2 shall mean the highest average annual compensation earnable by a member during the three (3) consecutive years of employment as specified in Government Code 20037. The City agrees not to modify either the 2.7% at 55 or 2.5% at 55 retirement plan benefits for unit members vested within those plans.
Appears in 6 contracts
Samples: cao-94612.s3.amazonaws.com, ibew1245.com, cao-94612.s3.amazonaws.com
Final Compensation. For the purposes of determining a retirement benefit, final compensation for bargaining unit members covered by this Section 6.1.2 shall mean the highest average annual compensation earnable by a member during the three (3) consecutive years of employment as specified in Government Code 20037. The City agrees not to modify either the 2.7% at 55 or 2.5% at 55 retirement plan benefits for unit members vested within those plans.
Appears in 6 contracts
Samples: Service Employees, Service Employees, Service Employees
Final Compensation. For the purposes of determining a retirement benefit, final compensation for bargaining unit members covered by this Section 6.1.2 shall mean the highest average annual compensation earnable by a member during the three (3) consecutive years of employment as specified in Government Code 20037. The City agrees Agrees not to modify either the 2.7% at 55 or 2.5% at 55 retirement plan benefits for unit members vested within those planswith that plan.
Appears in 2 contracts
Samples: Confidential Management Employees, Confidential Management Employees
Final Compensation. For As required by Government Code Section 7522.32, for the purposes of determining a retirement benefit, final compensation for bargaining unit members covered by this Section 6.1.2 subsection C shall mean the highest annual average annual pensionable compensation earnable by a member earned during the three (3) consecutive years of employment as specified in Government Code 20037. The City agrees not to modify either the 2.7% at 55 or 2.5% at 55 retirement plan benefits for unit members vested within those plans.thirty-six
Appears in 2 contracts
Samples: www.nationalcityca.gov, www.nationalcityca.gov
Final Compensation. β For the purposes of determining a retirement benefit, final compensation for bargaining unit members covered by this Section 6.1.2 shall mean the highest average annual compensation earnable by a member during the three (3) consecutive years of employment as specified in Government Code 20037. The City agrees Agrees not to modify either the 2.7% at 55 or 2.5% at 55 retirement plan benefits for unit members vested within those planswith that plan.
Appears in 1 contract
Samples: Confidential Management Employees
