(a) Pension, death, disability and vested termination benefits shall be based upon the group IV member’s compensation base which shall mean the average annual earnings which were paid to the group IV member by the city for employment with the city during any five years. If a group IV member has less than five calendar years of employment, the group IV member’s compensation base shall be determined by the executive director under uniform, non- discriminatory procedures that are consistently applied.
(b) For compensation base purposes, any lump sum payments of earnings for any prior time period, whether awarded to the group IV member by a court, administrative body or settlement agreement, shall be retroactively attributed to the calendar year in which it would otherwise have been received by the group IV member from the city for services rendered.
(c) For purposes of computing the compensation base for a group IV member who has made an effective DROP election, the group IV member’s compensation base shall be calculated using the group IV member’s earnings prior to the effective date of the DROP election.
(Ord. 20471-10-2012, § 2, passed 10-23-2012)