North Carolina Administrative Code
Title 20 - STATE TREASURER
Chapter 02 - RETIREMENT SYSTEMS
Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM
Section .0200 - ADMINISTRATION
Section 02B .0201 - AVERAGE FINAL COMPENSATION
Universal Citation: 20 NC Admin Code 02B .0201
Current through Register Vol. 38, No. 18, March 15, 2024
The term "consecutive calendar years" is defined for the purpose of determining retirement allowances as a period of time consisting of a number of calendar months of creditable service equal to 12 times the number of years specified by statute during which the highest total compensation was earned, adjusted proportionally to the regular term of annual employment.
Authority
G.S.
135-6(f);
135-1(5);
Eff. February 1, 1976;
Readopted Eff. September 21,
1977.
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