BILL NUMBER: S6486
SPONSOR: JACKSON
 
TITLE OF BILL:
An act to amend the retirement and social security law, in relation to
the restoration of 20 year service retirement for certain New York city
corrections officers and sanitation workers
 
PURPOSE:
The purpose of this bill is to restore the 20-year service retirement
for New York city uniformed correction/sanitation revised plan members
hired on or after April 1, 2012.
 
SUMMARY OF SPECIFIC PROVISIONS:
Section 1: Amends subdivision 17 of § 501 of the Retirement and Social
Security Law to state that for New York city uniformed
correction/sanitation revised plan members, normal retirement age shall
be the age at which a member completes or would have completed service.
Section 2: Amends subdivision d of § 503 of the Retirement and Social
Security Law to state that the normal service retirement benefit speci-
fied in § 505 of this Article shall be paid to New York city uniformed
correction/sanitation revised plan members, after twenty years of
service.
Section 3: Amends § 505 of the Retirement and Social Security Law to add
a new subdivision d that states that notwithstanding anything to the
contrary in any other law, New York city uniformed correction/sanitation
revised plan members shall be eligible for a normal service retirement
benefit in lieu of an early service retirement benefit upon completing
twenty years of service pursuant to subdivision d of § 503 of this Arti-
cle.
Section 4: Provides an effective date.
 
JUSTIFICATION:
This bill seeks to remedy an inequity facing recently hired New York
City correction officers and sanitation. Uniformed workers hired after
April 1, 2012 are required to complete 22 years of service to be eligi-
ble for full retirement benefits. The workforce hired prior to April 1,
2012 can retire with full benefits after 20 years of service.
This inequity has played a role in the unprecedented crisis New York
City is experiencing in regarding the recruitment and retention of
Correction officers and sanitation workers.
 
LEGISLATIVE HISTORY:
New bill
 
FISCAL IMPLICATIONS:
See fiscal note.
 
EFFECTIVE DATE:
This act shall take effect immediately.

Statutes affected:
S6486: 501 retirement and social security law, 501(17) retirement and social security law, 505 retirement and social security law