Establishes an optional twenty-five year retirement plan for certain employees of the New York Power Authority
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Summary
The bill adds a new retirement option for NYPA employees with titles such as mechanic, technician, electrician, equipment operator, power plant operator, utility security officer, or lineperson. After 25 years of creditable service they can retire with a pension and annuity that together equal half of their final average salary. It also changes age‑based retirement rules for many public‑safety and related positions.
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