§ 16.30-1. MEANING OF "AVERAGE FINAL COMPENSATION."

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(a) The meaning of "average final compensation" as stated in Subsection (A) Section 8.509 of the Charter is hereby changed pursuant to the authority granted therein, and is hereby declared to be the average monthly compensation earned by a member during any year of credited service in the Retirement System in which his average earned compensation is the highest. The change in meaning of "average final compensation" provided herein shall be effective only with respect to retirement allowances which, under the provisions of said Section 8.509, are based upon average final compensation and which are first effective on or after January 1, 1972.
This Subsection (a) does not give any member or the beneficiary of any member, or his successors in interest, any claim against the City and County for an increase in any retirement allowance payable to or on account of any member whose retirement allowance was effective prior to January 1, 1972.
(b) Notwithstanding the provisions of Subsection (a) of this Section and only with respect to members whose service credit is determined pursuant to the provisions of Section 16.37-4.1 of this Code, "average final compensation" shall mean the average monthly compensation earned by such member in the months actually worked during the fiscal year in which his average monthly earned compensation is the highest.
(Amended by Ord. 349-72, App. 12/11/72)

                    
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