Average annual salary definition

Average annual salary means the average annual Basic Salary paid to a Participant for his or her highest 24 consecutive Months of Service.
Average annual salary means the average of the last three (3) years’ salary ending with the most recent year;
Average annual salary means the amount derived when the salary received during the two consecutive highest salaried fiscal years of full-time service for which contribu- tions to TIAA-CREF were made by both the participant and a participating employer or a Washington public higher edu- cation institution is divided by two.

Examples of Average annual salary in a sentence

  • For the EXIM Financed Project during the current Reportable Period, please provide: Total number of FTEs Number of FTEs receiving hourly wages Average hourly wage of hourly wage FTEs: Number of salaried FTEs Average annual salary wage of salaried FTEs: Describe changes to the number of hourly and salaried FTEs during the Reportable Period.


More Definitions of Average annual salary

Average annual salary means the highest average annual salary of a member of the fund during any three of the number of years of contributions specified in section 742.37 or 742.39 of the Revised Code, as appropriate, and determined by dividing the member's total salary as an employee during the those years by three that number.
Average annual salary means the average [annual salary
Average annual salary means the average annual salary of an officer during the five (5) years of highest annual salary in the ten (10) years immediately preceding an officer's retirement date, determined without regard to any salary reduction agreement established under Section 125 of the Internal Revenue Code.
Average annual salary means the wages paid to full- time employees as regular, overtime, vacation, sick, premium overtime, or gain share (bonus). It does not include any payroll taxes paid by the employee or employer nor does it include any retirement or health/life insurance contributions by the employee or employer.
Average annual salary means the highest average annual salary of a member of the fund during any three years of contributions determined by dividing the member's total salary as an employee during the years by three.
Average annual salary means the average annual salary received during the three years of highest salary.
Average annual salary means the average annual Basic Salary paid to a Participant for his or her highest two consecutive Years of Service.