Affords uniformed personnel of the NYC department of correction and uniformed members of the NYC department of sanitation the option of taking a monetary payment in lieu of terminal leave at the rate applicable on the date of retirement.
Removes post-retirement earnings restrictions for New York city department of correction uniformed personnel with respect to a retiree subsequent to such member's earliest eligibility date for service retirement.
Removes post-retirement earnings restrictions for New York city department of correction uniformed personnel with respect to a retiree subsequent to such member's earliest eligibility date for service retirement.
Permits New York City correction and sanitation members to borrow from accumulated contributions to their retirement plans.
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.
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.
Restores the 20 year service retirement for certain New York city sanitation workers.
Restores the 20 year service retirement for certain New York city sanitation workers.
Allows members of the New York city fire department pension fund to obtain service credit for retirement eligibility and retirement allowance from any of the public retirement systems of New York state.
Enacts the State Police Retention act; provides a deferred retirement option plan payable to members and officers of the division of state police.