Average Final Compensation. The Firemen and Policemen Pensions Act (MCLA 38.551), Section 6(1)(f), shall be amended for Fire Department members providing that "average final compensation" shall mean the average of the three (3) years of highest annual compensation received by the member during their ten (10) years of service immediately preceding their retirement or leaving service.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Average Final Compensation. The Firemen and Policemen Policeman Pensions Act (MCLA 38.551), Section 6(1)(f), shall be as amended for Fire Department members providing that "βaverage final compensation" β shall mean the average of the three (3) years of highest annual compensation received by the member during their ten (10) years of service immediately preceding their retirement or leaving service, is hereby adopted for the Employees upon execution of this agreement.
Appears in 3 contracts
Samples: Contract Between the Charter Township of Clinton and the Clinton Township Deputy Fire Chiefs, Fire Chief and Deputy Fire Chief Contract, Fire Chief and Deputy Fire Chief Contract
Average Final Compensation. The Firemen and Policemen Pensions Act (MCLA 38.551), Section 6(1)(f), shall be amended for Fire Department members providing that "average final compensation" shall mean the average of the three Three (3) years of highest annual compensation received by the member during their ten Ten (10) years of service immediately preceding their retirement or leaving service.
Appears in 1 contract
Samples: Collective Bargaining Agreement
