North Carolina Administrative Code
Title 20 - STATE TREASURER
Chapter 02 - RETIREMENT SYSTEMS
Subchapter C - LOCAL GOVERNMENTAL EMPLOYEES' RETIREMENT SYSTEM
Section .1200 - RETIREMENT ALLOWANCES
Section 02C .1204 - AVERAGE FINAL COMPENSATION

Universal Citation: 20 NC Admin Code 02C .1204
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. 128-28(g);
Eff. February 1, 1976;
Readopted Eff. September 21, 1977.

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