Restores the 20 year service retirement for certain New York city corrections officers and sanitation workers.

This bill amends the retirement and social security law to restore the 20 year service retirement for certain New York city corrections officers and sanitation workers. It specifies that the normal retirement age for these workers will be the age at which they complete or would have completed twenty years of service. This change affects members of the New York City Uniformed Correction/Sanitation Revised Plan. The bill also includes provisions for the payment of normal service retirement benefits and adjustments to actuarial present values and unfunded accrued liabilities.

Restores the 20 year service retirement for certain New York city corrections officers and sanitation workers.

This bill amends the retirement and social security law to restore the 20 year service retirement for certain New York city corrections officers and sanitation workers. It specifies that the normal retirement age for these workers will be the age at which they complete or would have completed twenty years of service. This change affects members of the New York City Uniformed Correction/Sanitation Revised Plan. The bill also includes provisions for the payment of normal service retirement benefits and adjustments to actuarial present values and unfunded accrued liabilities.