Provides that service retirement benefits for members of the NYC police pension fund shall not be reduced by the primary social security retirement benefit commencing at age sixty-two.
Enacts the "police and fire employees retention act"; provides for a deferred retirement option plan payable to members of optional twenty-year retirement plans; outlines eligibility and payout of such plan; makes related provisions.
Requires subsidiaries of the Niagara Frontier Transportation Authority and their employees to submit all unresolvable contract negotiations to binding arbitration.
Relates to the calculation of past service credit for police officers employed by the division of law enforcement in the department of environmental protection in the city of New York transferring between the New York city employees' retirement system to the New York state and local police and fire retirement system.
Establishes a multi-agency study group to conduct a study and to make recommendations regarding the optimal pension and retirement plan alternatives which could be made available to not-for-profit human services corporations in this state.
Makes eligible for provisional appointment and authorizes Matthew A. Jones 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 Liverpool police department.
Authorizes an optional 20-year retirement plan for traffic officers employed by the town of Elmira, who submit an application therefor within one year of the effective date of such provisions, or within one year of start of employment.