New York Statutes
§ 1203 — Overtime
§ 1203. Overtime. A member's final average salary shall be calculated\nin accordance with such provisions of article eight or article eleven of\nthis chapter as govern the member's benefits, except that earnings\nclassified as overtime compensation in an amount in excess of fifteen\npercent of a member's annual wages not classified as overtime\ncompensation shall be excluded from such calculation. "Overtime\ncompensation" shall mean, for purposes of this section, compensation\npaid under any law or policy under which employees are paid at a rate\ngreater than their standard rate for additional hours worked beyond\nthose required, including compensation paid under section one hundred\nthirty-four of the civil service law and section ninety of the general\nmunicipal law.\n
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Nearby Sections
13
§ 1200
Definitions§ 1201
Applicability§ 1201-A
Retirement plan§ 1202
Vesting§ 1203
Overtime§ 1204
Member contributions§ 1206
Conflicting provisions§ 1207
Loans to members§ 1209
Final average salary§ 1210
Wages