New York A05013 directs the Department of Financial Services to study creating a compensation system for state financial regulators that is.
New York A05013 directs the Department of Financial Services, in consultation with the Office of Employee Relations and the Department of Civil Service, to conduct a comprehensive study on how the department may create a compensation system for state financial regulators that is commensurate with federal counterparts. The study will identify positions within federal financial regulators, formulate a proposed compensation system, identify possible alternatives to achieve pay parity, and consider the impact of increased retention and training savings.
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