Loading chat...
NY A06942
Bill
Status
12/19/2025
Primary Sponsor
Stacey Pheffer Amato
Click for details
AI Summary
-
Reduces the normal retirement age for NYC Tier 3 uniformed correction officers and sanitation workers from 22 years of service to 20 years of service
-
Allows affected members to receive the full normal service retirement benefit (50% of Final Average Salary) after 20 years instead of the current early retirement benefit (42% of FAS at 20 years)
-
Applies to members of the NYC Employees' Retirement System (NYCERS) in the Uniformed Correction/Sanitation Revised Plan 22-Year Plans
-
Increases employer contributions starting at $5.9 million in FY 2026, rising to approximately $11.4 million by FY 2050, with all costs allocated to New York City
-
Affects approximately 8,239 active members with an average age of 39.8 years and average service of 7.2 years
Legislative Description
Restores the 20 year service retirement for certain New York city corrections officers and sanitation workers.
Last Action
tabled
12/19/2025