· Adjustments to Final Average Salary Calculation to Help
Reducing Pension Padding: The law changes the time period for final average salary calculation from 3 years to 5 years.
«We are also pleased that the bill includes provisions that will
reduce pension padding and eliminate pension fraud and abuse.
Not exact matches
During his gubernatorial campaign, Cuomo called a new, less expensive
pension tier — tier VI — to
reduce costs to taxpayers and avoid «spiking» or
padding pensions in the last years before retirement.