Provides for an alternate final average salary calculation for Triborough bridge and tunnel members where such calculation includes certain dates.
Provides for an alternate final average salary calculation for Triborough bridge and tunnel members where such calculation includes certain dates.
Increases the limitation of overtime compensation in final average salary calculations from fifteen percent to thirty percent.
Relating to the calculation of final average salary under the Public Employees Retirement System.
Recalibrates the final average salary retirement calculations in the New York state teachers' retirement system for Joanne Halverson by including certain earnings from the 2020-2021 year.
Amends sections of law relating to retirement of various public employees and the calculation of their final average salary and service accruals.
Relates to the calculation of the final average salary for purposes of the calculation of a pension benefit.
Provides relative to the calculation of benefits for members of state and statewide retirement systems (OR DECREASE APV)
Provides relative to the calculation of final average compensation in the Sheriffs' Pension and Relief Fund (EN DECREASE APV)
Relative to state retirement systems, increases employee contributions and average compensation for calculation of benefits (RE -$346,000,000 APV)