Pensionable compensation definition

Pensionable compensation means the amount of the participant's

Pensionable compensation means the Participant’s Pensionable Compensation as defined in the FCX-ECAP.

Pensionable compensation for new employees means normal monthly rate of pay or base pay paid to similarly situated members of the same group or class of employment for services performed on a full-time basis during normal working hours, pursuant to a publicly available pay schedule.

Examples of Pensionable compensation in a sentence

• Pensionable compensation shall not exceed the applicable percentage of the contribution and benefit base specified in Title 42 of the United State Code Section 430 (b).

• Pensionable compensation and other pension related conditions are governed by the provisions of PEPRA and the OCERS Board of Retirement.

• Pensionable compensation does not include monies paid to new members for bonuses, uniform allowance, overtime allowance or reimbursement for housing and vehicles, or any ad hoc or one-time payments pursuant to Government Code Section 7522.34(c).

• Code Section 7522.34(a) and (b).)Pursuant to CCCERA’s “Pensionable Compensation Policy”3, Section III:The CCCERA Board has determined that "Pensionable Compensation" includes "base pay." Pensionable compensation does not include any pay other than base pay, in accordance with Govt.

• Pensionable compensation must be greater than zero and must be less than, or equal to, earnable compensation.

• Pensionable compensation under the Retirement Plan is based on the employee’s highest consecutive 48- month period of compensation.

• It is defined as “...the normal monthly rate of pay or base pay of the member paid in cash to similarly situated members of the same group or class or employment for services rendered on a full-time basis during normal working hours, pursuant to publicly available pay schedules.” Pensionable compensation, as mandated by law, has specific rules that exclude certain elements of total pay from being used in retirement benefit calculations.

• In particular, maps, graphical overlays, and GIS-based information is extremely helpful in visualizing or assessing the adequacy of monitor locations.

• Pensionable compensation is defined as the normal monthly rate of pay or base pay of the employee paid in cash to similarly situated members of the same group or class of employment for services rendered on a full-time basis during normal working hours, pursuant to publicly available pay schedules.

• Pensionable compensation, as defined in PEPRA section 7522.34, means pay items that are subject to pension contributions and included in the final average compensation used to compute a member’s benefit allowance.

More Definitions of Pensionable compensation

Pensionable compensation means compensation as defined by the applicable pension plan, and any pensionable compensation paid pursuant to the Section captioned "Termination Provisions" after your employment terminates will be treated as paid when it would have been paid if your employment had not terminated. The benefits provided by the preceding provisions of this Section ("Additional Pension Credit") will be paid out of GTE's funded plans, out of GTE's general assets, or both, at GTE's discretion. FINANCIAL COUNSELING - If you continue as an employee of (or consultant to) GTE until June 30, 2004, in accordance with this Agreement, then from July 1, 2004, through June 30, 2006, GTE will provide you with financial counseling assistance consistent with the GTE policy then in effect for other senior executives, subject, however, to your execution of the release prescribed by the Section captioned "Release" and your compliance with the covenants set forth in the Sections captioned "Covenants" and "Confidentiality." TERMINATION PROVISIONS - o CHANGE IN CONTROL - Upon the occurrence of a Qualifying Termination following a Change in Control (as those terms are defined in your ESA) during the Term of Employment, you will be entitled to receive additional pension benefits in accordance with the Section captioned "Additional Pension Credit." Upon the occurrence of a Qualifying Termination following a Change in Control during the Term of Employment, you also will become entitled to receive (1) two years of financial counseling assistance consistent with the GTE policy then in effect for other senior executives, and (2) the Long-Term Performance Incentive, payable in accordance with (and on the date(s) prescribed by) the Section captioned "Long-Term Performance Incentive" (or, if greater, the amount that would have been payable in accordance with such Section if the Performance Percentage were 100%), subject in each case to your execution of the release prescribed by the Section captioned "Release" and your compliance with the covenants set forth in the Sections captioned "Covenants" and "Confidentiality." Although you will not be entitled to any additional payments, benefits, or grants under this Agreement following the Qualifying Termination, you also will receive any other benefits to which you are entitled under your ESA. If you incur a Qualifying Termination after a Change in Control (as those terms are defined in your ESA) during the Term of Employment, except as provided above in this ...

Pensionable compensation means the amount of the participant's annual compensation that does not exceed the limitation specified in section 38-843.04 or 38-895.01, as applicable.

Pensionable compensation means the normal monthly rate of pay or base pay and;

Pensionable compensation means regular salary or wages actually paid by a Participating Company to a Participant, and which would have been payable to him or her but for his or her Basic Contributions made pursuant to Section 3.01 of the MMR-ECAP, his or her catch-up contributions pursuant to Section 3.09 of the MMR-ECAP, contributions to Code Section 125 Plans during the year and deferrals under a Code Section 132(f)(4) transportation fringe benefit, plus regularly scheduled overtime, and fifty percent of all other overtime, shift differential, and bonuses, excluding contributions to a plan of deferred compensation which are not included in the Participant’s gross income for the taxable year in which contributed, completion and sign-on bonuses, overseas premiums, and living and other allowances.

Pensionable compensation means the “base pay” paid to “similarly situated members of the same group or class of employment” pursuant to “publicly available pay schedules.”