New York proposes a monthly retirement stipend of $30 for incarcerated individuals over 62 who have served at least five years of their sentence.
New York A00045 amends the correction law to introduce an optional retirement stipend of $30 per month for incarcerated individuals over the age of 62 who have completed at least five years of their sentence. Eligible individuals can choose to stop participating in programs and work assignments. The commissioner must inform eligible individuals of their retirement option. If an individual refuses the retirement stipend and continues working, this decision must be noted in writing. Those who initially refuse but later wish to retire must provide 30 days' written notice.
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