Relates to the election of retirement benefits for certain members of the New York state and local employees' retirement system who are employed by the office of mental health.
Relates to additional member contributions for certain members under the age fifty-seven retirement program; provides that members holding certain titles who due to their age at the time of enrollment in the age fifty-seven retirement program will not obtain twenty-five years of service credit and therefore will not be eligible for a refund of their additional member contributions shall not be required to make additional member contributions.
Provides additional benefits for certain county correction officers in Suffolk county; provides benefits to retirement system members with credited service of thirty years.
Provides for cost-of-living adjustments; provides that the base benefit amount shall be increased annually by reference to the consumer price index for each applicable calendar year beginning on September 1, 2024.
Relates to the retirement of Nassau county 911 operators; provides an optional twenty-five year retirement plan for the positions of county police communications operator, police communications operator supervisor, assistant bureau director (police 911 communications), bureau director (police 911 communications), fire tech I, fire tech II and fire tech III in the county of Nassau.
Authorizes retired firefighters to be employed as fire science instructors by career and technical education centers without a reduction of their retirement benefits.
Modifies the retirement benefits for certain county correction officers, uniformed correction division personnel, sheriffs, deputy sheriffs and undersheriffs in Nassau county to provide an additional retirement allowance for each year of creditable service in excess of twenty-five years but not in excess of thirty years.
Provides additional benefits for certain county correction officers in Westchester county; provides benefits to retirement system members with credited service in excess of twenty-five years.
Establishes the teachers' fossil fuel divestment act; requires the New York state teachers' retirement system to divest the retirement system of any stocks, securities, equities, assets, or other obligations of corporations or companies included on an exclusion list of coal producers and oil and gas producers.
Allows municipal commissions to use alternate lists for filling vacancies with resident and non-resident minority group members and women in order to achieve diversity in police departments.