New York A10558 amends retirement benefits for Suffolk County correction officers.

New York A10558 changes the retirement benefits for Suffolk County correction officers. It modifies the retirement and social security law to allow correction officers to retire with 20 years of service, receiving 40% of their final average salary. Previously, officers needed 25 years for 50% or 30 years for 60%. The bill also specifies that Suffolk County will bear the costs of this change, including a one-time payment of $27.1 million and annual increases starting at 2.7% of salary in fiscal year 2027.

New York A10558 amends retirement benefits for Suffolk County correction officers.

New York A10558 changes the retirement benefits for Suffolk County correction officers. It modifies the retirement and social security law to allow correction officers to retire with 20 years of service, receiving 40% of their final average salary. Previously, officers needed 25 years for 50% or 30 years for 60%. The bill also specifies that Suffolk County will bear the costs of this change, including a one-time payment of $27.1 million and annual increases starting at 2.7% of salary in fiscal year 2027.