Relates to death benefits for members of the uniformed force of the New York city department of sanitation and members of the uniformed force of the New York city department of correction; establishes that the beneficiaries of a member who would have been entitled to a service retirement benefit at the time of such member's death may elect to receive, in a lump sum, an amount payable which shall be equal to the pension reserve that would have been established had the member retired on the date of such member's death, or the value of the death benefit and the reserve-for-increased-take-home-pay, if any, whichever is greater.
This bill (S 7314) changes New York City police pension rules to allow surviving spouses of police officers to keep accidental death benefits even after remarrying. It amends the definition of "eligible beneficiary" for NYPD pension fund members (section 501(g)), removing the previous rule that terminated benefits upon remarriage. The key change directly affects surviving spouses of NYC police officers who would have lost benefits if they remarried under prior law. The policy update applies to police pension beneficiaries as of the bill's effective date, ensuring continued access to benefits regardless of marital status.
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.
Entitles Dennis Malone, an employee of the Town of Clarkstown who retired from such service on August 16, 2018, and who participated in the World Trade Center rescue, recovery and cleanup operations to a 75% accidental disability retirement benefit.
S 6639 increases the percentage of overtime pay excluded from retirement benefit calculations for public employees from 15% to 30% of their regular wages. It directly affects state and local government workers covered by retirement systems using "final average salary" calculations. The bill changes the threshold so more overtime pay will now be included in determining retirement benefits, rather than excluded.
Provides that for New York city uniformed correction revised plan members of the New York city employees' retirement system, the service retirement benefit shall not be reduced by the primary social security retirement benefit commencing at age sixty-two.
S 3608 establishes an optional 25-year retirement plan for county 911 operators, including their supervisors and directors (such as assistant bureau directors and bureau directors for police 911 communications). Eligible employees would receive a pension equal to half their final average salary after completing 25 years of creditable service, which includes prior work in police, firefighting, or other specified public safety roles. Counties must adopt the plan through a resolution and cover the costs, making it non-mandatory for all counties. The bill amends retirement law to create this option, applying only to counties that choose to implement it.
Provides that for New York city uniformed sanitation revised plan members of the New York city employees' retirement system, the service retirement benefit shall not be reduced by the primary social security retirement benefit commencing at age sixty-two.
This bill establishes a new retirement option for correction officers employed by the Westchester County Correction Department. Currently, these officers can retire after 25 years of service and receive a retirement allowance equal to 50% of their final average salary. This legislation allows them to retire after 30 years of service and receive a retirement allowance equal to 60% of their final average salary. It also adjusts the formula for early service retirement benefits for those completing 30 years. All past service costs associated with this change will be borne by Westchester County, which can amortize these costs over ten years.
Provides that for New York city uniformed correction revised plan members of the New York city employees' retirement system, the service retirement benefit shall not be reduced by the primary social security retirement benefit commencing at age sixty-two.
