Extends benefits of the variable supplements fund for transit police members of the New York City Employees' Retirement System.

This bill extends the eligibility for the payment of Transit Police Officers' and Transit Police Superior Officers' Variable Supplements Funds (VSF) benefits to former NYCERS members who retired for service from the New York City Transit Police between October 1, 1968 and June 30, 1987 with 20 or more years of service. The VSF benefits are payable on an annual basis around December 15th to eligible former NYCERS members for their lifetimes. Upon the death of the NYCERS retiree, VSF payments cease.

Extends benefits of the variable supplements fund for transit police members of the New York City Employees' Retirement System.

This bill extends the eligibility for the payment of Transit Police Officers' and Transit Police Superior Officers' Variable Supplements Funds (VSF) benefits to former NYCERS members who retired for service from the New York City Transit Police between October 1, 1968 and June 30, 1987 with 20 or more years of service. The VSF benefits are payable on an annual basis around December 15th to eligible former NYCERS members for their lifetimes. Upon the death of the NYCERS retiree, VSF payments cease.