Bill Text: NY S06536 | 2015-2016 | General Assembly | Introduced
Bill Title: Relates to including mandatory overtime in a member's final average salary or wages.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2016-01-22 - REFERRED TO CIVIL SERVICE AND PENSIONS [S06536 Detail]
Download: New_York-2015-S06536-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 6536 IN SENATE January 22, 2016 ___________ Introduced by Sen. AVELLA -- 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 including mandatory overtime in a member's final average salary or wages 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, except that earnings clas- 7 sified as overtime compensation in an amount in excess of fifteen 8 percent of a member's annual wages not classified as overtime compen- 9 sation shall be excluded from such calculation, provided, however, any 10 overtime earned which is mandatory overtime, as defined by section two 11 of this chapter, shall not be excluded. "Overtime compensation" shall 12 mean, for purposes of this section, compensation paid under any law or 13 policy under which employees are paid at a rate greater than their stan- 14 dard rate for additional hours worked beyond those required, including 15 compensation paid under section one hundred thirty-four of the civil 16 service law and section ninety of the general municipal law. 17 § 2. Subdivision 24 of section 501 of the retirement and social secu- 18 rity law, as amended by chapter 18 of the laws of 2012, is amended to 19 read as follows: 20 24. "Wages" shall mean regular compensation earned by and paid to a 21 member by a public employer, except that for members who first join the 22 state and local employees' retirement system on or after January first, 23 two thousand ten, overtime compensation paid in any year in excess of 24 the overtime ceiling, as defined by this subdivision, shall not be 25 included in the definition of wages, provided, however, that any over- 26 time compensation earned which is mandatory overtime, as defined by 27 section two of this chapter, shall be included in the definition of EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD08013-02-6