Average Final Compensation. The Firemen and Policeman Pensions Act (MCLA 38.551), Section 6(1)(f), as amended for Fire Department members providing that “average final compensation” shall mean the average of three (3) years of highest annual compensation received by the member during their ten (10) years of service immediately preceding their retirement or leaving service, is hereby adopted for the Employees upon execution of this agreement.
Appears in 3 contracts
Sources: Contract Between the Charter Township of Clinton and the Clinton Township Deputy Fire Chiefs, Fire Chief and Deputy Fire Chief Contract, Fire Chief and Deputy Fire Chief Contract
Average Final Compensation. The Firemen and Policeman Policemen Pensions Act (MCLA 38.551), Section 6(1)(f), as shall be amended for Fire Department members providing that “"average final compensation” " shall mean the average of the three (3) years of highest annual compensation received by the member during their ten (10) years of service immediately preceding their retirement or leaving service, is hereby adopted for the Employees upon execution of this agreement.
Appears in 3 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Average Final Compensation. The Firemen and Policeman Policemen Pensions Act (MCLA 38.551), Section 6(1)(f), as shall be amended for Fire Department members providing that “"average final compensation” " shall mean the average of three the Three (3) years of highest annual compensation received by the member during their ten Ten (10) years of service immediately preceding their retirement or leaving service, is hereby adopted for the Employees upon execution of this agreement.
Appears in 1 contract
Sources: Collective Bargaining Agreement