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File #: 2006-0855    Version: 1
Type: Ordinance Status: Passed Finally
File created: 10/17/2006 In control: Committee on Finance, Law and Purchasing
On agenda: Final action: 10/31/2006
Enactment date: 10/31/2006 Enactment #: 22
Effective date: 11/3/2006    
Title: Ordinance amending the Pittsburgh Code, Title One - Administrative, Article XI - Personnel, Chapter 192 - Pensions, Section 192.01 - Definitions, to correct the definition of average monthly earnings for pension calculation purposes.
Indexes: PGH. CODE ORDINANCES TITLE 01 - ADMINISTRATIVE
Attachments: 1. 2006-0855.doc
Title
Ordinance amending the Pittsburgh Code, Title One - Administrative, Article XI - Personnel, Chapter 192 - Pensions, Section 192.01 - Definitions, to correct the definition of average monthly earnings for pension calculation purposes.
 
Body
 
Be it resolved by the Council of the City of Pittsburgh as follows:
 
Section 1.      The Pittsburgh Code, Title One - Administrative, Article XI - Personnel, Chapter 192 - Pensions, Section 192.01 - Definitions, is amended as follows:
 
GENERAL PROVISIONS
 
ยง 192.01  DEFINITIONS.
      The following terms shall have the following respective meanings for the purpose of this chapter unless a different meaning is plainly required by the context.
  1. AVERAGE MONTHLY EARNINGS.  For members hired prior to January 1, 1988, the average of the highest 36 months of contributory earnings during the last 60 months of employment by the City immediately preceding retirement or termination of service.  For members hired on or after January 1, 1988, [T]the average of the last 48 consecutive months of the contributory earnings during employment by the city immediately preceding retirement or termination of service.  
This change shall be retroactive to January 1, 2002.