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NY S06936

Bill

Official Source

Status

Introduced

3/8/2016

Primary Sponsor

Martin Golden

Click for details

Origin

Senate

2015-2016 General Assembly

AI Summary

  • Allows peace officers employed by the unified court system to retire at age 55 with 30 years of service without reduction of retirement benefits, regardless of when they became members
  • Applies the 55/30 retirement provision to members who joined the New York state and local employees' retirement system on or after April 1, 2012
  • Reduces the normal retirement age from 63 to 62 for general members (other than elective members) of the unified court system who joined after April 1, 2012
  • Amends sections 503 and 603 of the Retirement and Social Security Law to establish consistent eligibility criteria for court system employees

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

SUBSTITUTED BY A9440

6/16/2016

Committee Referrals

Civil Service and Pensions3/8/2016

Full Bill Text

No bill text available