Establishes an optional twenty-five year retirement plan for certain employees of the New York Power Authority.

This bill amends the retirement and social security law to establish an optional twenty-five year retirement plan for employees of the New York Power Authority with specific job titles, including mechanic, technician, electrician, equipment operator, power plant operator, utility security officer, or lineperson. Eligible employees can retire after completing twenty-five years of service, receiving a pension based on their final average salary. The plan allows for an irrevocable election to switch to this option within one year.

Establishes an optional twenty-five year retirement plan for certain employees of the New York Power Authority.

This bill amends the retirement and social security law to establish an optional twenty-five year retirement plan for employees of the New York Power Authority with specific job titles, including mechanic, technician, electrician, equipment operator, power plant operator, utility security officer, or lineperson. Eligible employees can retire after completing twenty-five years of service, receiving a pension based on their final average salary. The plan allows for an irrevocable election to switch to this option within one year.