Provides for eligibility of certain participants in the New York City employees retirement system to opt into the twenty-five year retirement program for EMT members
REPORTED REFERRED TO WAYS AND MEANS
Summary
The bill automatically enrolls eligible EMT members of the New York City Employees Retirement System in a 25‑year retirement plan when they start, unless they are over 25 years old and file a form to opt out within 180 days. Those who opt out can later choose to join by filing another form within 180 days after the 2026 amendment and paying back contributions with interest. It gives EMTs flexibility in accessing early‑retirement benefits.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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