Career Average Sample Clauses

Career Average. One twenty fourth (1/24th) of the participant’s contributions to the Plan (minus any withdrawals) plus credited monthly past service credits for contributions and service prior to January 1, 1986; and 1% of the first $3600 of Plan Compensation plus 2% of Plan Compensation in excess of $3600 for each year of contributions and service from January 1, 1986.

Related to Career Average

  • Mileage Measurement Where required, the mileage measurement for LIS rate elements is determined in the same manner as the mileage measurement for V&H methodology as outlined in NECA Tariff No. 4.

  • Settlement Averaging Period For any Option and regardless of the Settlement Method applicable to such Option:

  • Average Annual Compensation The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination, including Base Salary and benefits and bonuses under any employee benefit plans of the Employers.

  • Starting Salary All bargaining-unit positions will be hired at a starting salary commensurate with their experience. It is expected that those salaries will typically be within 20% of employees within that unit at a similar rank and/or experience level. In exceptional cases, bargaining-unit positions may be hired at a salary above that range contingent on extraordinary experience and extramural funding.

  • Measurement Period In this Agreement, unless the contrary intention appears, a reference to: