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NY A09702
Bill
Status
4/5/2016
Primary Sponsor
Peter Abbate
Click for details
AI Summary
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Allows participating employers in the New York state and local police and fire retirement system to offer the optional twenty year retirement plan for police officers and firefighters on a non-contributory basis.
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Members participating in the non-contributory plan are not entitled to receive refunds of any previous contributions made to the contributory twenty year retirement plan.
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Demands for this non-contributory benefit in collective bargaining negotiations are exempt from Civil Service Law restrictions on bargaining scope and interest arbitration provisions.
Legislative Description
Authorizes participating employers in the New York state and local police and fire retirement system offering 20 year retirement plans to offer such plans on a non-contributory basis.
Last Action
substituted by s7023
6/16/2016