New York S08158 amends the accidental disability retirement benefit for sheriffs to increase their pension to three-quarters of their final average.

New York S08158 amends the Retirement and Social Security Law to change the accidental disability retirement benefit for sheriffs. The bill increases the pension for sheriffs from two-thirds to three-quarters of their final average salary. This change affects the New York State and Local Employees' Retirement System (NYSLERS), with an estimated increase of approximately $5.6 million in accrued benefits. The bill also increases the annual contribution required by participating employers by 0.02% of billable salary.

New York S08158 amends the accidental disability retirement benefit for sheriffs to increase their pension to three-quarters of their final average.

New York S08158 amends the Retirement and Social Security Law to change the accidental disability retirement benefit for sheriffs. The bill increases the pension for sheriffs from two-thirds to three-quarters of their final average salary. This change affects the New York State and Local Employees' Retirement System (NYSLERS), with an estimated increase of approximately $5.6 million in accrued benefits. The bill also increases the annual contribution required by participating employers by 0.02% of billable salary.