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NY A09666

Bill

Status

Introduced

3/28/2022

Primary Sponsor

Peter Abbate

Click for details

Origin

Assembly

2021-2022 General Assembly

AI Summary

  • Amends Retirement and Social Security Law Section 556 to allow employers to elect providing enhanced accidental disability pensions to deputy sheriffs
  • Deputy sheriffs in electing employer jurisdictions receive three-quarters of final average salary as pension, increased from current two-thirds benefit
  • Pension payments remain subject to workers' compensation offset provisions
  • Estimated annual contribution increase of 0.2% of deputy sheriff compensation for electing counties in fiscal year 2023, with one-time past service cost of approximately 1.0%
  • Takes effect immediately upon enactment

Legislative Description

Relates to accidental disability retirement for deputy sheriffs; provides that deputy sheriffs shall receive a pension of three-quarters of their final average salary.

Last Action

substituted by s8559

6/2/2022

Committee Referrals

Rules6/1/2022
Ways and Means4/26/2022
Governmental Employees3/28/2022

Full Bill Text

No bill text available