Bill > S05053

This bill amends New York law to increase the mandatory retirement age for uniform members of the New York City Police Department from 63 to 65, meaning police officers will be required to retire at age 65 instead of 63. This change applies to members of the police force, excluding surgeons, a roentgenologist, and a veterinarian, and allows them to continue serving until they reach this new age, or until they become eligible for pension service retirement or secure sufficient social security benefits, but not beyond age 65. The bill also updates the definition of "mandatory retirement age" in the Retirement and Social Security Law to reflect this change for these specific police members. The fiscal note indicates this change is expected to decrease employer contributions for the New York City Police Pension Fund.