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Bill > A06634


NY A06634

NY A06634
Relates to age and service eligibility requirements for ordinary retirement for members of the unified court system; restores 55/30 for all members; reduces the retirement age from 63 to 62.


summary

Introduced
03/23/2021
In Committee
02/15/2022
Crossed Over
06/10/2021
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

Relates to age and service eligibility requirements for ordinary retirement for members of the unified court system; restores 55/30 for all members; reduces the retirement age from 63 to 62.

AI Summary

This bill relates to the age and service eligibility requirements for ordinary retirement for members of the unified court system. It restores the "55/30" retirement provision, which allows members to retire without reduction in their retirement benefits upon attaining at least 55 years of age and completing 30 or more years of service. Additionally, the bill reduces the normal retirement age from 63 to 62 for these members. The bill also includes provisions that reduce the amount of early retirement reductions for members who retire prior to the normal retirement age.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (2)

Last Action

reported referred to ways and means (on 02/15/2022)

bill text


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