NY S08158

Increases accidental disability retirement pension for deputy sheriffs from two-thirds to three-quarters of their final average salary under Article 14-B of the Retirement and Social Security Law

Creates an estimated $3.14 million increase in accrued liabilities shared by New York State and local participating employers due to past service accruals

Increases annual billing rates for affected members by 0.2% of salary for future service accruals

Affects approximately 3,489 deputy sheriff members with combined annual salaries of approximately $299 million

Takes effect immediately upon enactment