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NY S07023
Bill
Status
11/28/2016
Primary Sponsor
Catharine Young
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 their 20-year retirement plan for police officers and firefighters on a non-contributory basis (eliminating employee contribution requirements).
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Members participating in the non-contributory plan are not entitled to refunds of contributions previously made to the contributory 20-year retirement plan.
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Demands for this additional benefit in collective bargaining negotiations are exempted from Civil Service Law provisions that normally restrict bargaining scope and interest arbitration procedures.
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
VETOED MEMO.285
11/28/2016