•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 

A07606 Summary:

BILL NOA07606
 
SAME ASNo Same As
 
SPONSORFitzpatrick
 
COSPNSR
 
MLTSPNSR
 
Amd SS75 & 375, R & SS L
 
Relates to calculating pension benefits for public employees.
Go to top

A07606 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          7606
 
                               2015-2016 Regular Sessions
 
                   IN ASSEMBLY
 
                                      May 20, 2015
                                       ___________
 
        Introduced  by  M.  of  A.  FITZPATRICK -- read once and referred to the
          Committee on Governmental Employees
 
        AN ACT to amend the retirement and social security law, in  relation  to
          calculating pension benefits for public employees
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 75 of the retirement and  social  security  law  is
     2  amended by adding a new subdivision e to read as follows:
     3    e.  For  purposes  of  this title, all final average salaries shall be
     4  calculated exclusive of any form of overtime compensation, unused  vaca-
     5  tion time, unused sick leave or unused personal time.
     6    §  2. Section 375 of the retirement and social security law is amended
     7  by adding a new subdivision e to read as follows:
     8    e. For purposes of this title, all final  average  salaries  shall  be
     9  calculated  exclusive of any form of overtime compensation, unused vaca-
    10  tion time, unused sick leave or unused personal time.
    11    § 3. This act shall take effect on the ninetieth day  after  it  shall
    12  have become a law.
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10151-01-5
Go to top