§ 2-41. Earnings used for the plan.

Latest version.

(a)
Earnings used for the pension plan will include all regular wages paid to an employee by the Town.

(b)
For figuring the amount of pension, the average of the earnings for the five highest consecutive calendar years received during the ten-calendar-year period immediately prior to the normal (earlier or disability) retirement age will be used.

Ord. of 12-17-1964

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');