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S7717Senate2013-2014 SessionSame asA9542

Relates to benefits for participating employers in the New York state and local police and fire retirement system

Sponsor Catharine YoungSD-57Affects Finance
Status
In Senate Committee
Civil Service And Pensions
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Civil Service And Pensions

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Who cares

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Sponsors

Primary sponsor
Catharine Young

Senator · Senate District 57

Chair, Housing, Construction And Community Development

No co-sponsors yet.

History

  1. Referred to civil service and pensions

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.

A9542Assembly

Relates to benefits for participating employers in the New York state and local police and fire retirement system

In Assembly Committee · Ways And Means · Sponsor Peter Abbate

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S7717

Title of bill

An act to amend the retirement and social security law, in relation to creating an optional twenty year retirement plan for certain police officers and firefighters who are members of the New York state and local police and fire retirement system

Purpose

To permit all police officers and firefighters in New York State the opportunity to be treated equally pursuant to the benefits provided in the retirement and social security law.

Summary of provisions

Section 1 amends the retirement and social security law by adding a new Article 26 to grant police officers and professional firefighters the opportunity to participate in a non-contributory twenty year retirement if their employer so elects.

Section 2 provides that this act shall take effect immediately.

Justification

In 2009, the Legislature passed a new tier V pension bill for public employees. Tier V placed firefighters hired after January 2010 into the Tier V plan. Those police officers and firefighters hired on or after the effective date of Tier V (January 2, 2010) were placed in a contributory twenty year retirement plan unless they were subject to a collective bargaining agreement that provided to the contrary. This same protection was not afforded police officers and firefighters working without a collective bargaining agreement.

This bill would afford the same opportunities to such professional firefighters as those working pursuant to a collective bargaining agreement at the time of the enactment of Tier V.

In addition, this bill would allow any participating employer, in the future, to provide a non-contributory twenty year retirement notwithstanding the provisions of Tier V or Tier VI.

It should be noted that this additional benefit is not to be considered a mandatory subject of bargaining pursuant to the Taylor Law.

Legislative history

New Bill.

Fiscal implications

See fiscal note.

Effective date

This act shall take effect immediately.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.