Final Pensionable Earnings definition

Final Pensionable Earnings means the highest or average pensionable earnings in a prescribed period, ending at any of the points described in paragraph (2)(b);

Final Pensionable Earnings means, in relation to a Member, the greater of:-

Final Pensionable Earnings means a participant’s final month’s basic salary in effect at the time of his death, resignation, retirement, or permanent disability;

Examples of Final Pensionable Earnings in a sentence

• Retirement benefitsYour retirement benefits in respect of membership of this benefit structure will be calculated as described above based on service and earnings at your actual retirement date.For all pensionable service the earnings used to calculate your pension will be your Final Pensionable Earnings.

• The special ‘variable pensionable earnings cap’ works as follows: A ‘base point’ is set, based on your Final Pensionable Earnings as at 31 March 2011.

• Where by virtue of sub-Rule 5.3 this Rule applies to any Member, in respect of each period during which the number of hours per week (or month) for which the Member is required to work bears the same proportion to the number of hours required for Full-time Employment, his Final Pensionable Earnings and Staff Pensionable Service shall be converted into their full-time equivalent and the benefit attributable to each such period shall then be aggregated.

• The earliest tax year which will count in points 2 and 3 above is that commencing 6 April 2000.If you were an Active member on 30 September 2019, your Final Pensionable Earnings will be capped at the rate applicable at this date.

• Where by virtue of sub-Rule 5.3 this Rule applies to any Member, in respect of each period during which the number of hours per week (or month) for which the November is required to work bears the same proportion to the number of hours required for Full-time Employment, his Final Pensionable Earnings and Vodafone Managers Pensionable Service shall be converted into their full-time equivalent and the benefit attributable to each such period shall then be aggregated.

More Definitions of Final Pensionable Earnings

Final Pensionable Earnings means the highest calculation of a Member’s Pensionable Earnings averaged over any 36 consecutive Pay Months during the ten years immediately preceding his Normal Retirement Date, retirement, the termination of Pensionable Service or death (whichever event occurs first).In the case of an Enhanced Deferred Member, Final Pensionable Earnings means the highest calculation of the Enhanced Deferred Member’s Pensionable Earnings averaged over any 36 consecutive Pay Months during the ten years immediately preceding his Normal Retirement Date, retirement, the termination of Pensionable Service under the Money Purchase Rules or death (whichever event occurs first).In the case of a Postponed Retiree who has elected to continue to accrue benefits pursuant to Rule 4(2) of Schedule D, Final Pensionable Earnings means the highest calculation of his Pensionable Earnings averaged over any 36 consecutive Pay Months during the ten years immediately preceding his actual retirement date, the termination of Pensionable Service or death (which ever event occurs first).

Final Pensionable Earnings. The monthly average of the Pensionable Earnings (Section 13.7) in the last 60 months of Credited Service Time. If the Pensionable Earnings of the period as specified in Paragraph 1 were reduced or not paid because of illness or other reasons of reduced working ability, the Pensionable Earnings that would have been payable for full working ability are taken into account.

Final Pensionable Earnings and "Pensionable Service".

Final Pensionable Earnings shall be defined in accordance with the trust deed and rules of the Rockwell Xxxxxxx (U.K.) Scheme dated May 9, 2001; and 28 <PAGE> 32 (D) a statement that if the RIL/REC (U.K.) Employee does request such a transfer of assets from the Rockwell Xxxxxxx (U.K.) Scheme to the Rockwell U.K. Plan, he or she will be provided with benefits under the Rockwell U.K. Plan which are materially identical to those provided in respect of such RIL/REC (U.K.) Employee in the Rockwell Xxxxxxx (U.K.) Scheme, and that the periods of pensionable service pre- and post- the Time of Distribution shall be treated as continuous.

Final Pensionable Earnings means the aggregate of

Final Pensionable Earnings means, subject to the provisions of Rule 4 of Schedule G (Late Retirement), the highest average annual amount of Pensionable Earnings received in any consecutive 12 month period during the three years immediately preceding an individual's termination of Pensionable Service or death, whichever occurs first;

Final Pensionable Earnings shall be defined in accordance with the trust deed and rules of the Rockwell Collxxx (X.K.) Scheme dated May 9, 2001; and