Common use of Final Compensation Clause in Contracts

Final Compensation. For the purposes of determining a retirement benefit, final compensation for bargaining unit members covered by this Section 6.1.1 shall mean the highest twelve (12) consecutive month period as specified in Government Code Section 20042.

Appears in 15 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

Final Compensation. For the purposes of determining a retirement benefit, final compensation for bargaining unit members represented employees covered by this Section 6.1.1 7.1 shall mean the highest twelve (12) consecutive month period as specified in Government Code Section 20042.

Appears in 5 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

Final Compensation. For the purposes of determining a retirement benefit, final compensation for bargaining unit members covered by this Section 6.1.1 subsection B shall mean the highest twelve (12) consecutive month period as specified in Government Code Section 20042period.

Appears in 1 contract

Sources: Memorandum of Understanding