Sec. 337.7. Final salary

Latest version.

The term final salary shall mean the maximum salary or compensation which the retired member currently would be receiving, in the position next higher than that from which he was last retired for disability, if he had not been so retired, unless that position has been abolished. Where such position has been abolished, the Comptroller shall determine the maximum amount of salary or compensation which such retired member currently would be receiving in such position, based on compensation currently paid by the employer to persons in comparable positions.

                    
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