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Labor & Employment Law

: New York Public Personnel Law

Pension reform bill adopted by the State's Legislature

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Pension reform bill adopted by the State's LegislatureS66026 RULES;* Same as A40026, Assembly RulesThe State Legislature passed the Governor?s Program Bill #213 creating a new Tier V plan.Key components of Tier V include: 1. Raising the minimum age at which most civilians can retire without penalty from 55 to 62 and imposing a penalty of up to 38 percent for any civilian who retires prior to age

Full post as published by New York Public Personnel Law on December 02, 2009 (boomark / email).

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