New York S07808 aligns salary base determination for New York City police pension fund members hired after July 1, 2000, with those hired before that.
New York S07808 amends the retirement and social security law to standardize the salary base determination for members of the New York City police pension fund. Specifically, it ensures that the salary base for members hired on or after July 1, 2000, is calculated in the same manner as those hired before that date. Previously, members hired after July 1, 2000, had their salary base determined solely by their pensionable earnings in the final 12 months of service.
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