Establishes a variable supplements fund for sanitation members of the New York City Employees' Retirement System.

New York S04779 establishes a variable supplements fund for sanitation members of the New York City Employees' Retirement System. The fund will be managed by a board of trustees, which will determine the eligibility and amounts of variable supplements to be paid to beneficiaries. The fund will consist of monies paid from the retirement system and other sources. The board will publish an annual report on the fund's assets and investments.

Establishes a variable supplements fund for sanitation members of the New York City Employees' Retirement System.

New York S04779 establishes a variable supplements fund for sanitation members of the New York City Employees' Retirement System. The fund will be managed by a board of trustees, which will determine the eligibility and amounts of variable supplements to be paid to beneficiaries. The fund will consist of monies paid from the retirement system and other sources. The board will publish an annual report on the fund's assets and investments.