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Bill > S08863


NY S08863

NY S08863
Authorizes a thirty year retirement benefit for certain members in Nassau county; provides a retirement allowance equal to 60 percent of a member's final average salary.


summary

Introduced
01/12/2026
In Committee
02/10/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the retirement and social security law, in relation to authorizing a thirty year retirement benefit for certain members in Nassau county

AI Summary

This bill authorizes a new retirement benefit for certain members employed by Nassau County, specifically those with titles such as correction recruit, correction officer, correction corporal, correction sergeant, correction lieutenant, or correction captain. Under this bill, these members will be eligible to retire after completing thirty years of service and will receive a retirement allowance equal to sixty percent of their final average salary, which is the average of their highest earnings over a specified period. This is an increase from the previous benefit which provided a retirement allowance equal to one-half (or fifty percent) of their final average salary after twenty-five years of service. The bill also clarifies that Nassau County will bear the costs associated with implementing these changes and that these costs can be spread out over ten years. The provisions of this act apply to all members who retire on or after the date the bill becomes law.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (1)

Last Action

REPORTED AND COMMITTED TO FINANCE (on 02/10/2026)

bill text


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