Authorizes a thirty-year retirement benefit for certain Nassau county members, providing a retirement allowance of 60% of their final average salary.

This bill amends the retirement and social security law to authorize a thirty-year retirement benefit for certain Nassau county members. It provides a retirement allowance equal to 60% of a member's final average salary upon completion of thirty years of service. The current benefit is one-half of the final average salary upon completion of twenty-five years of service. The bill also specifies that the early service retirement for certain members will be a pension equal to one-fiftieth of the final average salary times the years of credited service.

Authorizes a thirty-year retirement benefit for certain Nassau county members, providing a retirement allowance of 60% of their final average salary.

This bill amends the retirement and social security law to authorize a thirty-year retirement benefit for certain Nassau county members. It provides a retirement allowance equal to 60% of a member's final average salary upon completion of thirty years of service. The current benefit is one-half of the final average salary upon completion of twenty-five years of service. The bill also specifies that the early service retirement for certain members will be a pension equal to one-fiftieth of the final average salary times the years of credited service.