final basic pay
Defined in 1 place of the United States Code.
In this subsection, the term “final basic pay” means, with respect to an employee, the total amount of basic pay which would be payable for a year of service by such employee, computed using the employee's final rate of basic pay, and, if last serving on other than a full-time basis, with appropriate adjustment therefor.
Source
- 2002–present6 U.S.C. § 292Domestic Security · Voluntary separation incentive payments · under this section