Bill
Bill > S08863
NY S08863
NY S08863Authorizes 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
01/12/2026
In Committee
02/10/2026
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S8863 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S08863&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S08863 |
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