Changes the effective date for accidental disability retirement reclassifications to the date of application filing for applications submitted on or.
This bill amends the retirement and social security law to modify the effective date for reclassifying retirements as accidental disability retirements. Currently, the reclassification takes effect upon approval of the application. The bill changes this so that for applications filed on or after January 1, 2027, the reclassification will be effective as of the date the application is filed. This change applies to various retirement systems, including the New York State and Local Employees' Retirement System and the New York State and Local Police and Fire Retirement System.
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