Provides an option for beneficiaries of NYC transit authority members to receive a lump sum equal to the pension reserve where a member who is eligible for a service retirement dies prior to filing for retirement.
Grants Nassau county fire marshals, supervising fire marshals, fire marshals, assistant fire marshals, assistant chief fire marshals or chief fire marshals pension benefits for service rendered beyond twenty-five years.
Establishes a deferred retirement option plan for certain employees of the department of corrections and community supervision and the office of mental health; directs service costs attributable to implementing the DROP program to be paid by New York state.
Provides members employed as an emergency medical technician, critical care technician, advanced emergency medical technician, paramedic or supervisor of such titles in a participating Suffolk county fire district with the eligibility to retire upon the completion of twenty-five years of total creditable service; makes related provisions.
Relates to implementing equal employment opportunity and affirmative action for classified civil service positions in the service of the state; requires that each agency have a full-time affirmative action officer that reports directly to the agency head.
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.
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.
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.