NY A09910

Allows Tier 6 uniformed court officers and peace officers employed by the unified court system to retire at age 55 with 30 years of service without reduction of benefits, matching earlier tier requirements.

Reduces normal retirement age from 63 to 62 for peace officers and uniformed court officers employed by the unified court system.

Lessens early retirement benefit reductions for court system officers retiring before normal retirement age, calculated per subdivision requirements rather than standard 6.5% per year reduction.

Exempts uniformed court officers and peace officers from the age 63 normal retirement requirement applied to other Tier 6 members hired on or after April 1, 2012.

Estimated fiscal impact of approximately $363,000 annually plus a one-time past service cost of $1.12 million to the state, with no appropriation requirement needed.