Restores the 20 year service retirement for certain New York city sanitation workers.
This bill amends the retirement and social security law to restore the 20 year service retirement for certain New York city sanitation workers. It specifies that the normal retirement age for these workers is the age at which they complete or would have completed twenty years of service. The bill also adjusts the retirement benefits for these workers, allowing them to receive an annual benefit equal to 50% of their Final Average Salary (FAS) upon retirement with at least 20 years of service.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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