Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2020 |
referred to civil service and pensions |
May 16, 2019 |
referred to civil service and pensions |
Senate Bill S6133
2019-2020 Legislative Session
Sponsored By
(D) 26th Senate District
Archive: Last Bill Status - In Senate Committee Civil Service And Pensions Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2019-S6133 (ACTIVE) - Details
- Current Committee:
- Senate Civil Service And Pensions
- Law Section:
- Retirement and Social Security Law
- Laws Affected:
- Amd §1203, R & SS L
- Versions Introduced in Other Legislative Sessions:
-
2021-2022:
S6370
2023-2024: S6343
2019-S6133 (ACTIVE) - Sponsor Memo
BILL NUMBER: S6133 SPONSOR: GOUNARDES TITLE OF BILL: An act to amend the retirement and social security law, in relation to the limitation of overtime compensation in final average salary calculations PURPOSE OR GENERAL IDEA OF BILL:,: To change the cap on overtime used in the calculation of final average salary of members of the NYS Police and Fire Retirement System from 15% to 30%. SUMMARY OF PROVISIONS: Section 1 amends section 1203 of the Retirement and Social Security Law to lift the cap on overtime used in the calculation of final average salary from 15% to 30%. JUSTIFICATION:
2019-S6133 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6133 2019-2020 Regular Sessions I N S E N A T E 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: Section 1. Section 1203 of the retirement and social security law, as added by section 1 of part A of chapter 504 of the laws of 2009, is amended to read as follows: § 1203. Overtime. A member's final average salary shall be calculated in accordance with such provisions of article eight or article eleven of this chapter as govern the member's benefits INCLUDING OVERTIME, except that earnings classified as overtime compensation in an amount in excess of [fifteen] THIRTY percent of a member's annual wages not classified as overtime compensation shall be excluded from such calculation. "Overtime compensation" shall mean, for purposes of this section, compensation paid under any law or policy under which employees are paid at a rate greater than their standard rate for additional hours worked beyond those required, including compensation paid under section one hundred thirty-four of the civil service law and section ninety of the general municipal law. § 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
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