Establishes a twenty-five year retirement program for members of the NYC employees' retirement system employed as water supply police

Summary

The bill amends New York retirement statutes to give water‑supply police a specific benefit formula and to let them retire without meeting an age requirement after 25 years of service. Benefits are set at 60% of the first $15,300 of final average salary, 50% of the amount above that, and 40% of the amount above $27,300. The changes apply only to members of the NYC Employees’ Retirement System who serve as water‑supply police.

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