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NY A08918
Bill
Status
Vetoed
10/4/2024
Primary Sponsor
Stacey Pheffer Amato
Click for details
AI Summary
- Establishes a new twenty-year retirement plan for state law enforcement officers including environmental conservation officers, forest rangers, state park police, and university police officers
- Allows eligible officers to retire with one-half of final average salary after completing twenty years of service, plus one-sixtieth of final average salary for each additional year (capped at three-quarters of final average salary)
- Permits officers with less than twenty years of service at mandatory retirement age to receive one-fortieth of final average salary per year of service, up to one-half total
- Grants full credit for prior law enforcement service from other state and local agencies and systems toward the twenty-year requirement
- Imposes estimated immediate past service cost of $70.3 million and ongoing annual costs averaging 3.9% of salary, with all costs borne by the State of New York, amortizable over ten years
Legislative Description
Relates to establishing a twenty year retirement plan for members or officers of law enforcement; includes every non-seasonally appointed sworn member or officer of the division of law enforcement in the department of environmental conservation, a forest ranger in the service of the department of environmental conservation, a police officer in the department of environmental conservation, the regional state park police, and university police officers in such twenty year plan.
Last Action
tabled
10/4/2024
Committee Referrals
Rules6/7/2024
Rules6/6/2024
Ways and Means5/21/2024
Governmental Employees1/26/2024
Full Bill Text
No bill text available