final pensionable salary definition
final pensionable salary means, subject to Regulation 21, the salary received by a member during the best successive 365 days in the 3 years immediately preceding the day on which he or she ceases to be an employee:
final pensionable salary means the average of the annual salary received by a member during the 3 years immediately preceding the day on which the member ceases to hold the member’s employment or the day on which the member attains normal retiring age, whichever is earlier;
final pensionable salary means the highest of the values set out in paragraph (a), but subject to paragraphs (c) and (d) below:
More Definitions of final pensionable salary
final pensionable salary means a New Benefits or Old Benefits Member's Pensionable Salary in respect of the last Year (calculated at a daily rate) of his or her Pensionable Service (which in this definition includes as an Active Member after Normal Pension Age).
final pensionable salary means for each ACTIVE MEMBER the annual amount equivalent to the average of an ACTIVE MEMBER’S monthly rate of PENSIONABLE SALARY taken at the end of each calendar month over the last 12 completed calendar months of his PENSIONABLE SERVICE, provided that:
final pensionable salary means, subject to Regulation 21, the salary received by a member during the best successive 365 days in the 3 years immediately before and including the day on which the member ceases to be an employee:
final pensionable salary means the Executive’s highest average basic annual salary from the Company (except director’s fees, bonuses, special cash payments, grants, overtime and allowances and other similar payments) over any 12 consecutive months in the last 10 years of the Executive’s employment with the Company reckonable for pension.
final pensionable salary means the Pensionable Salary being received by a Former Contributing Member at the Member’s Nor- mal Retiring Date or earlier date of leaving service and ending on that date, provided that
final pensionable salary means ….Basic Salary during that period of 12 consecutive months in the final 3 years of Pensionable Service which, when aggregated with the annual average of the Fluctuating earnings received over the 36 consecutive months (or such shorter period since the member first became entitled to receive Fluctuating Earnings) ending on the Relevant Date, produces the highest amount….
final pensionable salary means the annual average of the best consecutive 36 months of Pensionable Salary ending in your last 10 years of Pensionable Service.