2013 New York Consolidated Laws
RSS - Retirement & Social Security
Article 22 - (1200 - 1210) POLICE AND FIRE RETIREMENT PROVISIONS
1209 - Final average salary.

 
    §  1209. Final average salary. For members who first become members of
  the New York state and local police and fire  retirement  system  on  or
  after  April first, two thousand twelve, a member's final average salary
  shall be equal to one-fifth of the highest total wages  earned  by  such
  member  during  any continuous period of employment for which the member
  was credited with five years of service credit;  provided,  however,  if
  the  wages  earned  during  any year of credited service included in the
  period used to determine final average salary exceeds the average of the
  wages of the previous four years of credited service by  more  than  ten
  percent,  the amount in excess of ten percent shall be excluded from the
  computation of final average salary.  Wages  in  excess  of  the  annual
  salary paid to the governor pursuant to section three of article four of
  the  state  constitution shall be excluded from the computation of final
  average salary for members who first become  members  of  the  New  York
  state  and  local  police  and  fire retirement system on or after April
  first, two thousand twelve.