Relates to the rate of interest used in the actuarial valuation of liabilities for the purpose of calculating contributions to the New York city employees' retirement system, the New York city teachers' retirement system, the police pension fund, subchapter two, the fire department pension fund, subchapter two and the board of education retirement system of such city by public employers and other obligors required to make employer contributions to such retirement systems, the crediting of special interest and additional interest and additional interest to members of such retirement systems, and the allowance of supplementary interest on the funds of such retirement systems; extends such provisions until June 30, 2025.
Authorizes Brett W. Brewer to take the competitive civil service examination for the position of police officer and be placed on the eligible list for employment as a full-time police officer for the village of Ilion, notwithstanding the age requirements under the civil service law.
Authorizes Isaac B. Bertos to take the competitive civil service examination for the position of police officer and be placed on the eligible list for employment as a full-time police officer for the village of Ilion, notwithstanding the age requirements under the civil service law.
Prohibits the investment of certain public funds with the Trump organization; directs the comptroller to take appropriate action to sell, redeem, divest or withdraw any investment held in such organization.
Allows Tammy Sciavillo, wife of deceased firefighter Vito Sciavillo, who was employed by the Greenville Fire Department in the county of Westchester, to file an application for continuation of state health insurance benefits.
Authorizes Frank Smith, a New York city police detective, to receive accidental performance of duty disability retirement benefits for illness suffered as a result of exposure to disease during undercover assignments as a member of the police department of the city of New York.
Authorizes Brian Levy of the village of Wappingers Falls to take the competitive civil service examination for the position of police officer and be placed on the eligible list for employment as a full-time police officer for the village of Wappingers Falls police department.
Allows retired employees of the New York state teachers' retirement system who return to active service and suspend their pension benefit to elect to combine their service credit earned prior to retirement with the service credit earned after their restoration to active service, provided they have earned at least two years of service credit since such restoration.
Relates to eligibility for participants in the automotive 25 year/age 50 pension plan with more than 30 years of credited service who remain in active service after age 62 to receive a service retirement benefit equivalent to the standard service retirement benefit received by Tier IV members with the same age and service.