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Bill > A07966
NY A07966
NY A07966Relates to the eligibility of New York city transit authority employees for performance of duty disability retirement.
summary
Introduced
06/04/2021
06/04/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
AN ACT to amend the retirement and social security law, in relation to the eligibility of New York city transit authority employees for performance of duty disability retirement
AI Summary
This bill amends the Retirement and Social Security Law to grant New York City Transit Authority (NYCTA) employees who are members of the New York City Employees' Retirement System (NYCERS) and participated in World Trade Center (WTC) rescue, recovery, or cleanup operations a performance of duty disability retirement allowance equal to 75% of their final average salary. The bill also allows these NYCTA members and retirees to utilize the medical review procedures under the law to appeal WTC disability benefit determinations. The bill's enactment would increase the present value of future benefits for 39 existing NYCTA retirees by approximately $8.3 million and increase annual employer contributions by an average of $31,600 for each new WTC benefit granted.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
print number 7966a (on 05/25/2022)
Official Document
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