The average compensation for new participants who enrolled for the first time in the System after July 1, 2014, shall be computed on the basis of the average salary of the participant during the last five (5) years of service. This five (5)-year period shall be the base period.
History —Oct. 19, 1954, No. 12, p. 152, added as § 4–C on Dec. 24, 2013, No. 162, § 4.