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Sponsors
2 Co-sponsors
History
- Committed to rules
- Advanced to third reading
- 2nd report cal.
- 1st report cal.1039
- Referred to cities
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to the disability benefits of members of the New York City police pension fund
In Assembly Committee · Governmental Employees · Sponsor Peter Abbate
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7326
Title of bill
An act to amend the administrative code of the city of New York and the retirement and social security law, in relation to the disability benefits of members of the New York city police pension fund
Purpose
Provides equal disability benefits to all police officers in New York State.
Summary of provisions
Extends Tier 2 Disability benefits to certain police officers in Tier 3 of the retirement system within the city of New York.
Justification
In 2009 Governor Patterson vetoed a Tier 2 extension bill for all New York State Police and Fire pension members. Shortly thereafter most of the State Police and Fire unions negotiated with management and agreed to a Tier 5 benefit plan. The Mayor of New York City would not agree to the same benefits resulting in no new pension plan agreement covering New York City Police and Fire members. This inability to get a new pension plan resulted in New York City Police and Fire members defaulting into the original Tier 3 pension plan. This Plan grants very limited disability benefits, only 50% of pay which is reduced by 50% of a social security benefit. Both Tier 2, which covers approximately 75% of the current New York City Police force and Tier 5 which covers all the new police hires in the remainder of the State, receive 75% of pay with no social security offset. An example of the difference in these benefits may soon play out in the tragedy that occurred recently with a fire in Coney Island. The officer that remains alive is a Tier 3 member and if she were unable to work and forced to get disability benefits, we estimate those benefits at $22,000 a year while if she were a Tier 2 member we estimate her benefit to be about $39,000 a year. It is for police officers like these that we ask the legislature to approve this bill and grant to newly hired New York City Police officers the same disability benefits provided to Police officers throughout New York State.
Legislative history
New Bill.
Fiscal implications
See the bill.
Effective date
This act shall take effect on the sixtieth day after it shall have become law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.