Monday, May 17, 2010

Alert: Possible Retirement Incentive for 2010

The governor has proposed a retirement incentive bill(Program Bill #249)for 2010. It has an opt-in provision for the city and public authorities. It is not clear how this will play out between now and September 1, 2010. It is safe to say that any NYCERS member who is planning to retire before September 1, 2010 should delay that retirement until this issue is resolved.

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