WRGB Studios-Schenectady, NY — Nathaniel Nichols, Of Counsel in the Municipal, Labor & Employment Law, and Litigation & Appeals practice groups at Whiteman Osterman & Hanna LLP, the Capital Region's largest law firm, discusses the recent changes to New York's Tier 6 retirement system
The changes include lower pension contribution rates, ensures allowable overtime counted toward pension increases from 15 percent to 25 percent, and lower the retirement age for teachers from 63 to 58 (with 30 years of service).
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