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NY A05843
Bill
Status
2/24/2025
Primary Sponsor
Stacey Pheffer Amato
Click for details
AI Summary
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Eliminates the 50% Social Security offset from retirement benefits for Tier 3 uniformed sanitation members of the New York City Employees' Retirement System (NYCERS), which currently reduces their pension starting at age 62
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Applies to normal service retirement, early service retirement, and deferred vested benefits for uniformed sanitation workers in the 22-year retirement plans
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Increases employer contributions starting at $23.4 million in fiscal year 2026, rising to $48.8 million by fiscal year 2050, with all costs allocated to New York City
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Affects approximately 5,074 active members and 99 terminated vested members based on June 30, 2024 census data
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Takes effect 60 days after becoming law
Legislative Description
Provides that for New York city uniformed sanitation revised plan members of the New York city employees' retirement system, the service retirement benefit shall not be reduced by the primary social security retirement benefit commencing at age sixty-two.
Last Action
print number 5843a
3/11/2026