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NY A09440
Bill
Status
11/28/2016
Primary Sponsor
Peter Abbate
Click for details
AI Summary
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Allows peace officers employed by the unified court system to retire without reduction at age 55 with 30 or more years of service, applying to members who joined on or after April 1, 2012
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Extends the 55/30 retirement option (age 55 with 30+ years of service) to peace officers in the unified court system under the same conditions as teachers' retirement system members
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Amends Section 503 of the Retirement and Social Security Law to clarify eligibility for general members and peace officers in the unified court system
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Amends Section 603 of the Retirement and Social Security Law regarding service retirement benefits for affected members
Legislative Description
Relates to age and service eligibility requirements for ordinary retirement for members of the unified court system; restores 55/30 for all members and reduces the retirement age from 63 to 62.
Last Action
tabled
11/28/2016