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

Samples: Agreement, Agreement, 2020 2022

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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 6 contracts

Samples: Agreement, Agreement, 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

Samples: Agreement, Agreement, 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

Samples: Agreement, 2020 2022, 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

Samples: Agreement, Agreement, 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

Samples: Agreement, Agreement, Bargaining Unit 18 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

Samples: Agreement, Agreement, 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

Samples: Agreement, Agreement, 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. 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

Samples: Agreement, Bargaining Unit 18 Agreement, www.psychtechs.net

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

Samples: Agreement, Bargaining Unit 18 Agreement, www.psychtechs.net

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

Samples: Agreement, Agreement

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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.. Public Employees’ Pension Reform Act of 2013 (PEPRA)

Appears in 2 contracts

Samples: Agreement, www.calhr.ca.gov

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

Samples: 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 size (36) consecutive months of employmentemployment Second-Tier Retirement Plan Unit 2 members may participate in the Second-Tier retirement plan as prescribed by Government Code Section 21070.5.

Appears in 1 contract

Samples: www.calhr.ca.gov

Final Compensation. Final Compensation (a) Pursuant to Government Code section 20035, 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 15October 30, 20112010, 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 1 contract

Samples: www.calhr.ca.gov

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

Samples: 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

Samples: Agreement

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