Average Pay Law and Legal Definition
Average pay means “the largest annual rate resulting from averaging an employee's or Member's rates of basic pay in effect over any 3 consecutive years of creditable service or, in the case of an annuity under subsection (d) or (e)(1) of section 8341 of this title [5 USCS § 8341] based on service of less than 3 years, over the total service, with each rate weighted by the time it was in effect.” (5 USCS § 8331)
Legal Definition list
- Average Monthly Number of Unemployed Persons
- Average Monthly Civilian Income
- Average Midrib Length
- Average Manufacturer Price (AMP) (Health Care)
- Average Lamp Efficacy
- Average Pay
- Average Per-Pupil Expenditure
- Average Posted Terminal Price
- Average Tax Rate
- Average Total Costs [ATC]
- Average Variable Cost [AVC]
