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No co-sponsors yet.
History
- Referred to civil service and pensions
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the retirement and social security law, in relation to retirement benefits for general members in the uniformed correction force of the New York city department of correction
Purpose
Grants service credit to members of the uniformed correction force of the NYC Department of Correction covered by provisions of law for over 25 years.
Summary of provisions
Section one of this bill amends subdivision d of section 504 of the retirement and social security law as amended by chapter 18 of the laws of 2012 adding language plus one-sixtieth of final average salary times years of credited service in excess of twenty-five.
Section two of this bill provides that this act shall take effect immediately.
Justification
This legislation is designed to provide New York City Correction officers with more than 25 years of service continued benefits at one-sixtieth of their final average salary. Without this legislative remedy, the most senior correction personnel would be unjustly penalized for continuing to serve the public after more than 25 years of service. This proposal would allow for those dedicated individuals to continue to accrue retirement credits for their service.
Legislative history
2013-14: S.5544 - Referred to Civil Service and Pensions
Fiscal implications
Undetermined
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.