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NY A06582
Bill
Status
3/6/2025
Primary Sponsor
Stacey Pheffer Amato
Click for details
AI Summary
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Eliminates the 10-year service credit requirement for New York City Department of Correction uniformed personnel to file for ordinary disability retirement (ODR) benefits
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Currently, correction officers with at least 10 years of service who are determined disabled receive benefits equal to the greater of 1/3 of Final Average Salary or 1/60th of FAS multiplied by credited service
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Expected to increase New York City employer contributions to NYCERS starting at $0.4 million annually in 2026, rising to $3.1 million by 2050
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Impacts approximately 1,976 active correction members with average age of 38.3 years and average service of 6.3 years
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Creates a decrease in unfunded accrued liability of $11.3 million, to be amortized over 14 payments of $1.3 million each
Legislative Description
Provides that New York city correction officers may file for disability without ten years of service.
Last Action
print number 6582a
3/4/2026