Bill Text: NY S06133 | 2019-2020 | General Assembly | Introduced

---

Bill Title: Increases the limitation of overtime compensation in final average salary calculations from fifteen percent to thirty percent.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - REFERRED TO CIVIL SERVICE AND PENSIONS [S06133 Detail]

Download: New_York-2019-S06133-Introduced.html

---

                STATE OF NEW YORK
        ________________________________________________________________________

                                          6133

                               2019-2020 Regular Sessions

                    IN SENATE

                                      May 16, 2019
                                       ___________

        Introduced by Sen. GOUNARDES -- read twice and ordered printed, and when
          printed to be committed to the Committee on Civil Service and Pensions

        AN  ACT  to amend the retirement and social security law, in relation to
          the limitation of overtime compensation in final average salary calcu-
          lations

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1. Section 1203 of the retirement and social security law, as
     2  added by section 1 of part A of chapter 504 of  the  laws  of  2009,  is
     3  amended to read as follows:
     4    §  1203. Overtime. A member's final average salary shall be calculated
     5  in accordance with such provisions of article eight or article eleven of
     6  this chapter as govern the member's benefits including overtime,  except
     7  that earnings classified as overtime compensation in an amount in excess
     8  of [fifteen] thirty percent of a member's annual wages not classified as
     9  overtime compensation shall be excluded from such calculation. "Overtime
    10  compensation"  shall  mean,  for  purposes of this section, compensation
    11  paid under any law or policy under which employees are paid  at  a  rate
    12  greater  than  their  standard  rate  for additional hours worked beyond
    13  those required, including compensation paid under  section  one  hundred
    14  thirty-four  of  the civil service law and section ninety of the general
    15  municipal law.
    16    § 2. This act shall take effect immediately.



         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11906-01-9