New York A05376 amends pension benefits for NYPD detectives, sergeants, and lieutenants with 25 or more years of service.

New York A05376 amends the administrative code to enhance pension benefits for NYPD detectives, sergeants, and lieutenants who retire with at least 25 years of uniformed service. The bill adds a percentage of the highest grade of pay under the applicable collective bargaining agreement to the applicable salary used for computing pension benefits. Specifically, it provides a 5% increase for those with at least 25 years of service, 10% for those with at least 30 years, and 15% for those with at least 35 years.

New York A05376 amends pension benefits for NYPD detectives, sergeants, and lieutenants with 25 or more years of service.

New York A05376 amends the administrative code to enhance pension benefits for NYPD detectives, sergeants, and lieutenants who retire with at least 25 years of uniformed service. The bill adds a percentage of the highest grade of pay under the applicable collective bargaining agreement to the applicable salary used for computing pension benefits. Specifically, it provides a 5% increase for those with at least 25 years of service, 10% for those with at least 30 years, and 15% for those with at least 35 years.