New York S06289 eliminates the offset for primary social security retirement benefits in the service, early service, and vested retirement benefits.

New York S06289 amends the retirement and social security law to eliminate the offset equal to 50% of the primary social security benefit in the service, early service, and vested retirement benefits for Tier 3 members of the New York City Fire Pension Fund. This change means that these members will not have their retirement benefits reduced by their primary social security retirement benefit. The bill applies to members who retire with at least twenty years of credited service and those who elect to have their benefit commence on the date they window.

New York S06289 eliminates the offset for primary social security retirement benefits in the service, early service, and vested retirement benefits.

New York S06289 amends the retirement and social security law to eliminate the offset equal to 50% of the primary social security benefit in the service, early service, and vested retirement benefits for Tier 3 members of the New York City Fire Pension Fund. This change means that these members will not have their retirement benefits reduced by their primary social security retirement benefit. The bill applies to members who retire with at least twenty years of credited service and those who elect to have their benefit commence on the date they window.