Relates to the determination of salary base for members of the New York city police pension fund
SIGNED CHAP.312
Summary
The legislation changes the retirement law so that the salary base used to compute pension benefits for New York City police officers hired on or after July 1, 2000 is calculated the same way as for those hired earlier. It applies to any pension fund member who retires after the law takes effect. The goal is to ensure consistent pension calculations across all police retirees.
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