City Staff Ideas Challenge

Absolutely!

1989 a person started working fresh out of high school and in 2022 has 35 yrs and wants to retire but they are told they have to work until they reach 62 years old. they would have to work more than 40 years before they can leave. not only would this bill help the person, but it can also help the agency's budget. new employee in the new tier saves the agency money. the policy should change to 50 years old with min 25 years of city service.

In my case I'd have to also have to wait till I'm 62 .. I have 28 years in and I'm 56.. after 30 years I'll get 1.5 % more for every extra year I work after 30... The city can save money by letting ppl like me retire before they have to pay the extra percentage.. plus they can hire new people that fall under tire 6 and again would save more money

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It's unfortunate that the Early Retirement Incentive was not implemented by Mayor Adams' predecessor, especially considering the potential benefits for NYC workers. Reviving the ERI could help incentivize early retirement, https://amsterdamplumber.nl/ creating opportunities for new hires and reducing labor costs for the city. It's important to ensure that any new ERI meets the requirements of the 2021 law to avoid legal issues and provide fair benefits for eligible workers. By taking action to revive the ERI, Mayor Adams could demonstrate a commitment to supporting the needs and interests of NYC employees.
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