New York S 5761: Relates to the retirement of correction officers of the Westchester county correction department

Bill Text

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S05761 Summary:

BILL NOS05761A

&nbsp

SAME ASSAME AS A06761-A

&nbsp

SPONSORJACKSON

&nbsp

COSPNSRMAYER

&nbsp

MLTSPNSR

&nbsp

Amd §§89-e & 604, R & SS L

&nbsp

Establishes a thirty-year retirement benefit for correction officers of the Westchester county correction department.

Go to top S05761 Actions:

BILL NOS05761A

&nbsp

02/28/2025REFERRED TO CIVIL SERVICE AND PENSIONS

05/13/2025REPORTED AND COMMITTED TO FINANCE

01/07/2026REFERRED TO CIVIL SERVICE AND PENSIONS

01/12/2026AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS

01/12/2026PRINT NUMBER 5761A

02/10/2026REPORTED AND COMMITTED TO FINANCE

Go to topS05761 Committee&nbspVotes:

Go to topS05761 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS05761 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5761--A

 2025-2026 Regular Sessions

 IN SENATE

 February 28, 2025
 ___________

 Introduced by Sens. JACKSON, MAYER -- read twice and ordered printed,
 and when printed to be committed to the Committee on Civil Service and
 Pensions -- recommitted to the Committee on Civil Service and Pensions
 in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill
 amended, ordered reprinted as amended and recommitted to said commit-
 tee

 AN ACT to amend the retirement and social security law, in relation to
 the retirement of correction officers of the Westchester county
 correction department

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subdivisions c, f and g of section 89-e of the retirement
 2 and social security law, as added by chapter 520 of the laws of 1988,
 3 are amended to read as follows:
 4 c. (1) Upon completion of twenty-five years of such service and upon
 5 retirement, each such member shall receive a pension which, together
 6 with an annuity which shall be the actuarial equivalent of [his] such
 7 member's accumulated contributions at the time of [his] such member's
 8 retirement and an additional pension which is the actuarial equivalent
 9 of the reserved-for-increased-take-home-pay to which [he] such member
 10 may then be entitled shall be sufficient to provide [him] such member
 11 with a retirement allowance equal to one-half of [his] such member's
 12 final average salary.
 13 (2) Upon completion of thirty years of such service and upon retire-
 14 ment, each such member shall receive a pension which, together with an
 15 annuity which shall be the actuarial equivalent of such member's accumu-
 16 lated contributions at the time of such member's retirement and an addi-
 17 tional pension which is the actuarial equivalent of the reserved-for-in-
 18 creased-take-home-pay to which such member may then be entitled shall be
 19 sufficient to provide such member with a retirement allowance equal to
 20 sixty percent of such member's final average salary.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD07663-03-6

 S. 5761--A 2

 1 f. A member contributing on the basis of this section at the time of
 2 retirement, shall retire after the completion of twenty-five years or
 3 thirty years of total creditable service. Application therefor may be
 4 filed in a manner similar to that provided in section seventy of this
 5 article. Upon completion of twenty-five years or thirty years of such
 6 service and upon retirement, each such member shall receive a pension
 7 which, together with an annuity which shall be the actuarial equivalent
 8 of [his] such member's accumulated contributions at the time of [his]
 9 such member's retirement and an additional pension which is the actuari-
 10 al equivalent of the reserve-for-increased-take-home-pay to which [he]
 11 such member may then be entitled shall be sufficient to provide [him]
 12 such member with a retirement allowance equal to one-half of [his] such
 13 member's final average salary for a member retiring after the completion
 14 of twenty-five years, or a retirement allowance equal to sixty percent
 15 of such member's final average salary for a member retiring after the
 16 completion of thirty years.
 17 g. In computing the twenty-five years or thirty years of total service
 18 of a member pursu