A few of our stories and columns are now in front of the paywall. We at The Chief remain committed to independent reporting on labor and civil service. It's been our mission since 1897. You can have a hand in ensuring that our reporting remains relevant in the decades to come. Consider supporting The Chief, which you can do for as little as $3.20 a month.
In June 1995, state lawmakers created a pension plan giving a sizable cohort of New York City municipal workers the opportunity to opt in to a 55/25 improved benefit retirement program. The plan would allow incumbent members in Tier 4 to retire at 55 after 25 years of city employment, or at 50 if they had worked 25 years at a "physically-taxing" occupation.
Workers who wanted in had 90 days to file an application or be shut out.
This item is available in full to subscribers.
We have recently launched a new and improved website. To continue reading, you will need to either log into your subscriber account, or purchase a new subscription.
If you have an active digital subscription, then you already have an account here. Just reset your password, if you've not yet logged in to your account on this new site.
If you are a current print-only subscriber, and want access to our website,click here to view your options for changing you subscription level.
Otherwise, click here to view your options for subscribing.
Please log in to continue |