Establishes a twenty-five year retirement program for members of the NYC employees' retirement system employed as water supply police
SUBSTITUTED BY S9356
Summary
The bill adds a special retirement track for members of the New York City Employees’ Retirement System who work as water‑supply police. It lets eligible officers retire after 25 years of service with a higher benefit, requires extra payroll contributions, and sets rules for participation, vesting and repayment. The change aims to give these officers a more attractive retirement option.
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