Pensionable wages are averaged over contributory service, adjusted for wage ceilings, incomplete wages and non-contributory periods. Pensionable wages are the average monthly wages drawn during the sixty-month contributory period immediately before a member exits, calculated ... Summary
Pensionable wages are averaged over contributory service, adjusted for wage ceilings, incomplete wages and non-contributory periods.
Pensionable wages are the average monthly wages drawn during the sixty-month contributory period immediately before a member exits, calculated proportionately for each wage-ceiling period and subject to its applicable ceiling. Where full wages were not received, the average full wages from the preceding contributory sixty months applies. For non-contributory periods, wages drawn are divided by actual wage-drawing days and multiplied by thirty. Pensionable wages remain limited to the notified monthly wage ceiling.
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