One-Year Final Compensation. For employees hired on or before February 5, 2012, the retirement allowance of a PERS member shall be based on the 12 highest paid consecutive months under the plan. (Government Code Section 20042).
Appears in 5 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
One-Year Final Compensation. For employees hired on or before February 5, 2012, the retirement allowance of a PERS Public Employees Retirement System (“PERS”) member shall be based on the 12 highest paid consecutive months under the plan. (Government Code Section 20042).
Appears in 1 contract
Samples: Memorandum of Understanding