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NY A09576
Bill
Status
1/21/2026
Primary Sponsor
Stacey Pheffer Amato
Click for details
AI Summary
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Creates a 30-year retirement option for Nassau County correction officers (including recruits, corporals, sergeants, lieutenants, and captains) providing a retirement allowance equal to 60% of final average salary, compared to the existing 25-year option at 50%
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Applies to members of the New York State and Local Employees' Retirement System employed by Nassau County in specified correction titles
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Requires Nassau County to bear all past service costs, which may be amortized over 10 years
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Estimated to increase Nassau County's annual contributions by $418,000 beginning fiscal year 2027, with a one-time past service cost of $7.31 million (or $933,000 annually if amortized)
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Takes effect immediately and applies to all members who retire on or after the effective date
Legislative Description
Authorizes a thirty year retirement benefit for certain members in Nassau county; provides a retirement allowance equal to 60 percent of a member's final average salary.
Last Action
referred to governmental employees
1/21/2026