A 8352 New York Assembly · 2025 Regular Session

Sets the increase to the overtime ceiling as a fixed percentage

Bill A 8352 revises how the "overtime ceiling" is increased annually for certain members of the New York state and local retirement systems. For members who first joined on or after April 1, 2012, the bill establishes a new rule effective January 1, 2026. Under this rule, their annual overtime ceiling increase will be the greater of three percent or the annual inflation rate as determined by the Consumer Price Index. This ensures a minimum three percent increase while allowing for larger adjustments if inflation is higher.

Bill status in committee 1 of 4 stages cleared

Introduction

May 2025

Committee Review

Floor Vote

Governor

Introduced May 13, 2025 Last action Jan 15, 2026

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What changed between versions

A8352 → A8352A · 4 edits

MODERATE

This bill was amended to change the effective date of a new overtime ceiling increase rule from January 1, 2026 to January 1, 2027. The amendment also updated the fiscal impact estimates and adjusted the projected cost increases for the retirement system.

Scope change

The bill's scope remains the same - it applies to Tier 6 members of the New York State and Local Employees' Retirement System (NYSLERS) who joined on or after April 1, 2012 - but the implementation timeline was delayed by one year.

TIMELINE

The overtime ceiling percentage increase rule now begins on January 1, 2027 instead of January 1, 2026, delaying the implementation of the new calculation method by one year.

FISCAL

The projected increase in present value of benefits was updated from approximately $290 million to approximately $400 million, reflecting the delayed implementation timeline.

Required contribution increases were adjusted from $290 million total to $400 million total, with Tier 6 members' contributions increasing from $237 million to $340 million.

TECHNICAL

The fiscal note was updated to reflect the new timeline and revised cost estimates, changing the language from 'or the rate of annual inflation' to 'and the rate of annual inflation'.

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Full legislative history

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Key actions

Committee

Amendments

Jan 15, 2026

Lower · Passed

PRINT NUMBER 8352A

lower

Jan 15, 2026

Lower · Passed

AMEND AND RECOMMIT TO GOVERNMENTAL EMPLOYEES

lower

Jan 7, 2026

Committee

REFERRED TO GOVERNMENTAL EMPLOYEES

lower

May 13, 2025

Committee

REFERRED TO GOVERNMENTAL EMPLOYEES

lower

1 primary · 0 co-sponsors