New York S09204 amends retirement benefits for New York City Fire Department members.
New York S09204 amends the retirement and social security law to redefine the full escalation date for service retirement benefits for uniformed members of the New York City Fire Department pension fund. The full escalation date is now the first day of the month following the date on which a member completes or would have completed twenty-three years of credited service. This change affects the eligibility for Full Escalation, Partial Escalation, and Cost-of-Living Adjustments (COLA) for these members.
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