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What is NYC RCNY § 50-03?

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The obligation to pay prevailing supplements may be discharged by either the provision of (a) bona fide fringe benefits that cost no less than the prevailing supplement rate in the Comptroller Schedule, (b) a supplement to the hourly wage in an amount no less than such prevailing supplement rate, or (c) a combination o

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Effective: 10/23/2016Last amended: 4/2/2025

§ 50-03 Compliance with Requirement to Pay Supplements.

RCNY § 50-03

The obligation to pay prevailing supplements may be discharged by either the provision of (a) bona fide fringe benefits that cost no less than the prevailing supplement rate in the Comptroller Schedule, (b) a supplement to the hourly wage in an amount no less than such prevailing supplement rate, or (c) a combination of bona fide fringe benefits and wage supplements that, collectively, costs no less than the prevailing supplement rate. Notwithstanding the foregoing, the obligation to pay prevailing wages cannot be reduced or discharged through the provision of bona fide fringe benefits that cost more than the prevailing supplement rate in the Comptroller Schedule. (Added City Record 9/23/2016, eff. 10/23/2016; amended City Record 3/3/2025, eff. 4/2/2025)

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