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Retirement Bill, S7909: Establishes temporary retirement benefit incentives for certain public employees
John A. DeFrancisco
May 24, 2010
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ISSUE:
- Labor
S7909 Summary
Establishes temporary retirement benefit incentives for certain public employees for the fiscal year 2010-2011; provides additional service credit for certain members of NYS&LERS, NYSTRS, NYCTRS, NYCBERS and NYCERS; eliminates the early retirement reductions at 25 years of service instead of at 30 years of service for retirement during a specified 90 day period for Tier 2, 3 and 4 members of such retirement systems.
For the full text of this bill, please visit
http://open.nysenate.gov/legislation/api/1.0/html/bill/S7909
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