S 8149 New York Senate · 2025 Regular Session

Relates to the final average salary calculation for Triborough bridge and tunnel members

This bill modifies how the final average salary is calculated for Triborough bridge and tunnel members. For the period between March 2020 and December 2021, their final average salary computation will use the greater of their actual earnings or a projected amount that includes their wages plus estimated overtime. This projected overtime is based on the number of overtime hours from the same pay period in 2022. Members whose benefits use this projected overtime must pay the corresponding member contributions, but no interest will be charged.

Issues: ✓ Labor & Employment

Bill status in committee 1 of 4 stages cleared

Introduction

May 2025

Committee Review

Floor Vote

Governor

Introduced May 15, 2025 Last action Apr 22, 2026

Maddy AI version diff · 2 comparisons

What changed between versions

S8149A → S8149B · 4 edits

MODERATE

This bill was amended to update its fiscal projections and actuarial data, reflecting a larger number of affected employees and higher future costs. The changes shift the projected impact to later years and significantly increase the estimated financial burden on the employer.

Scope change

The bill's scope of impact has expanded, as the number of active members covered by the new overtime salary calculation increased from 161 to 244.

FISCAL

Projected employer contributions increased substantially, with the first year of impact shifting from 2026 ($382.4K) to 2027 ($751.3K), and subsequent years showing higher totals.

The actuarial present value of benefits rose from $1,495K to $2,470K, indicating a larger long-term financial liability for the retirement system.

The amortization plan for the unfunded liability changed, reducing the number of payments from 5 to 4 while increasing the annual payment amount from $348K to $699K.

TECHNICAL

The census data used for calculations was updated to reflect a later date (June 30, 2025), showing an increase in the count of active members and a slight decrease in average salary.

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Full legislative history

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Key actions

Committee

Amendments

Apr 22, 2026

Upper · Passed

PRINT NUMBER 8149B

upper

Apr 22, 2026

Upper · Passed

AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS

upper

Jan 7, 2026

Committee

REFERRED TO CIVIL SERVICE AND PENSIONS

upper

May 19, 2025

Upper · Passed

PRINT NUMBER 8149A

upper

May 19, 2025

Upper · Passed

AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS

upper

May 15, 2025

Committee

REFERRED TO CIVIL SERVICE AND PENSIONS

upper

1 primary · 0 co-sponsors