BILL NUMBER: S7414
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
sanitation workers
PURPOSE:
The purpose of this bill is to restore the 20-year service retirement
for New York city uniformed 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 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
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 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 Article.
Section 4: Provides an effective date.
JUSTIFICATION:
This bill seeks to remedy an inequity facing recently hired New York
City sanitation workers. Uniformed workers hired after April 1, 2012 are
required to complete 22 years of service to be eligible for full retire-
ment benefits. The workforce hired prior to April 1,2012 can retire with
full benefits after 20 years of service.
When Tier 6 was implemented, it created a legal structure where all
uniformed forces in New York City were treated virtually equal in
relation to retirement benefits. This restructuring created inequity in
the system, particularly in relation to extended service requirements
and social security offset.
Given the rigors of the job, particularly over time, there is an
increased incidence of job-related injuries among sanitation workers as
the workers age and there is a noticeable difference between 20 and 22
years of service.
LEGISLATIVE HISTORY:
New bill
FISCAL IMPLICATIONS:
See fiscal note.
EFFECTIVE DATE:
This act shall take effect immediately.
Statutes affected: S7414: 501 retirement and social security law, 501(17) retirement and social security law, 505 retirement and social security law