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)