Average monthly salary definition
Average monthly salary means one-thirty-sixth of the aggregate
Average monthly salary means, for an employee who becomes a
Average monthly salary means the average of the highest monthly salaries for five
Examples of Average monthly salary in a sentence
Average monthly salary over the three (3) consecutive years with the highest compensation prior to termination date x .017 x credited years of service after 9 up to a maximum of 35 years of service.
Average monthly salary over the three (3) consecutive years with the highest compensation prior to termination date x .014 x first nine credited years of service.
More Definitions of Average monthly salary
Average monthly salary means the Executive’s average monthly base salary over the 60 full calendar months immediately preceding the Determination Date or, if less, the number of full calendar months in the Executive’s period of Service.
Average monthly salary means the member's average salary during the base period as calculated pursuant to rules adopted by the retirement board.
Average monthly salary means one‑thirty‑sixth of the aggregate amount of salary that is paid a member by a participating employer during a period of thirty‑six consecutive months of service in which the member received the highest salary within the last one hundred twenty months of service. Average monthly salary means the aggregate amount of salary that is paid a member divided by the member's months of service if the member has less than thirty‑six months of service. In the computation under this paragraph, a period of nonpaid or partially paid industrial leave shall be considered based on the salary the employee would have received in the employee's job classification if the employee was not on industrial leave.
Average monthly salary means the sum of (a) monthly fixed salaries paid to you for the three (3) full months immediately prior to the month in which your employment terminates, divided by the total number of days for the 3-month period, multiplied by thirty (30) days, and (b) 1/12th of the eIP bonus payment, if any, that you received in the one (1) year period immediately prior to your termination of employment.
Average monthly salary means the salary which any officer or class "C" employee has earned during so much of his active service as is within one year preceding the day on which he proceeds on leave, divided by the number of months on which the calculation is made.
Average monthly salary means the salary of the member as defined in section 352.01, subdivision 13. "Average monthly salary" does not include any lump-sum annual leave payments and overtime payments made at the time of separation from state service, any amounts of severance pay, or any reduced salary paid during the period the person is entitled to workers' compensation benefit payments for temporary disability.
Average monthly salary means the salary which an employee has earned during active service of one year immediately