Returns the employee’s highest consecutive n-year final average salary out of the last m years. Salaries are limited to the U.S. Internal Revenue Code Section 401(a) maximum salary.

Syntax:

n #FAS m

n and m must be integers.

Examples:

5 #FAS 10 equals final average 5 out of the last 10 years

1 #FAS 1 equals final average 1 out of the last 1 year

Related Operators:

#SALARY

A customized version of this operator can created for plan-specific provisions; see the Final Average Salary Custom Operator.