Last Salary definition

Last Salary means the amount earned in the last full school year of Gilmanton employment. This is the annual
Last Salary means that amount earned in: (a) teaching salary as determined by the face amount of the teacher’s contract in the years of retirement; (b) any PCM earnings earned in the year of retirement: and (c) board approved special assignment contracts.
Last Salary means the amount earned in last full school year of Candia employment. It does not include amounts paid for extra duty assignments, unused sick leave, unused vacation or other separation compensation. INSURANCE BENEFITS Each eligible employee may at their option, continue to receive the same health insurance benefits provided in this agreement and all improvements in subsequent agreements until said employee attains the age of 65. Said insurance will be provided at the employee's expense contingent on the carrier's approval. SURVIVOR BENEFIT Should an employee, who has elected and qualified for RIC, die prior to receiving monies to which they were entitled, then, the School District will make such payment to the estate of the deceased retiree in accordance with the schedule set forth herein. SUBSTITUTE OR PART-TIME EMPLOYMENT The Board may at it sole option and discretion, provide appropriate part-time or substitute employment opportunities to qualified retired employees of the School District.

Examples of Last Salary in a sentence

  • Seniority will be retained but not accrued during any period of absence not directly paid for by the Employer except as noted in 9.04 above.


More Definitions of Last Salary

Last Salary means the amount earned in last full school year of Candia employment. It does not include amounts paid for extra duty assignments, unused sick leave, unused vacation or other separation compensation.
Last Salary means only the amount earned in the last full year as a member of the bargaining unit and may include stipends earned under TGIF and extracurricular programs, but may not include a severance benefit if any is available. Insurance Benefits. Each employee selecting Article B, provided under this agreement will receive said benefit until said employee qualifies for Medicare/Social Security.
Last Salary means the amount earned in the last full school year of Gilmanton employment. This is the annual salary as defined under New Hampshire State Teacher’s Retirement System.
Last Salary means the amount earned in the last full school year of Laconia employment. This is the annual salary as defined under New Hampshire State Teacher's Retirement System. (Appendix A.3 deleted) Year Prior: The year prior to the school year in which retirement is planned.

Related to Last Salary

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Annual Salary means the salary given under this Part.

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Monthly salary means the W-2 reportable compensation received by a member during the month.

  • Salary as defined in Section 3.1(a).