New York A 8352: Sets the increase to the overtime ceiling as a fixed percentage
Status: PRINT NUMBER 8352A (as of 2026-01-15)
State: New York · Session: 2025-2026 · Bill: A 8352
Sponsors: Stacey Pheffer Amato
Bill Text
Bill Search and Legislative Information | New York State Assembly • • • • • • • • Skip to main content New York State Assembly Speaker Carl E. Heastie --> --> --> • Assembly Members • Legislative Info • Public Hearings • Speaker's Press • Assembly Reports • Committees & More • Bill Search Home • Laws • Legislative Calendar • Public Hearing Schedule • Assembly Calendars • Assembly Committee Agenda Javascript must be enabled to properly view this page. Bill No.: • Summary • Actions • Committee Votes • Floor Votes • Memo • Text • LFIN • Chamber Video/Transcript A08352 Summary: BILL NOA08352A   SAME ASSAME AS S07670-A   SPONSORPheffer Amato   COSPNSR   MLTSPNSR   Amd §§501 & 601, R & SS L   Sets the increase to the overtime ceiling as a fixed percentage. Go to top A08352 Actions: BILL NOA08352A   05/13/2025referred to governmental employees 01/07/2026referred to governmental employees 01/15/2026amend and recommit to governmental employees 01/15/2026print number 8352a Go to topA08352 Committee Votes: Go to topA08352 Floor Votes: There are no Assembly votes for this bill in this legislative session. Go to topA08352 Text: STATE OF NEW YORK ________________________________________________________________________ 8352--A 2025-2026 Regular Sessions IN ASSEMBLY May 13, 2025 ___________ Introduced by M. of A. PHEFFER AMATO -- read once and referred to the Committee on Governmental Employees -- recommitted to the Committee on Governmental Employees in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the retirement and social security law, in relation to setting the increase to the overtime ceiling as a fixed percentage The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph (c) of subdivision 24 of section 501 of the 2 retirement and social security law, as amended by chapter 368 of the 3 laws of 2017, is amended to read as follows: 4 (c) [(i)] The "overtime ceiling" shall mean fifteen thousand dollars 5 per annum on January first, two thousand ten, and shall be increased by 6 three percent each year thereafter, provided, however, that [for]: 7 (i) For members who first become members of the New York state and 8 local employees' retirement system on or after April first, two thousand 9 twelve, "overtime ceiling" shall mean fifteen thousand dollars per annum 10 on April first, two thousand twelve, and shall be increased each year 11 thereafter by a percentage to be determined annually by reference to the 12 consumer price index (all urban consumers, CPI-U, U.S. city average, all 13 items, 1982-84=100), published by the United States bureau of labor 14 statistics, for each applicable calendar year. Said percentage shall 15 equal the annual inflation as determined from the increase in the 16 consumer price index in the one year period ending on the December thir- 17 ty-first preceding the overtime ceiling adjustment effective on the 18 ensuing April first. 19 (ii) Commencing January first, two thousand eighteen, and each year 20 thereafter, the overtime ceiling percentage shall be increased by an 21 amount equal to the annual inflation as determined from the increase in 22 the consumer price index in the one year period ending on the September EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11208-06-6 A. 8352--A 2 1 thirtieth prior to the overtime ceiling adjustment effective on the 2 ensuing January first. 3 (iii) Commencing January first, two thousand twenty-seven, and each 4 year thereafter, for members who first become members of the New York 5 state and local employees' retirement system on or after April first, 6 two thousand twelve, the overtime ceiling percentage increase shall be 7 equal to the greater of: (A) three percent, or (B) the annual inflation 8 as determined from the increase in the consumer price index in the one 9 year period ending on the September thirtieth prior to the overtime 10 ceiling adjustment effective on the ensuing January first. 11 § 2. Paragraph (c) of subdivision l of section 601 of the retirement 12 and social security law, as amended by chapter 368 of the laws of 2017, 13 is amended to read as follows: 14 (c) The "overtime ceiling" shall mean fifteen thousand dollars per 15 annum on January first, two thousand ten, and shall be increased by 16 three [per cent] percent each year thereafter, provided, however, that: 17 (i) [for] For members who first become members of a public retirement 18 system of the state on or after April first, two thousand twelve, "over- 19 time ceiling" shall mean fifteen thousand dollars per annum on April 20 fi
View New York A 8352 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.