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NY A09844
Bill
Status
4/11/2024
Primary Sponsor
Marjorie Byrnes
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AI Summary
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Allows county police communications operators, supervisors, assistant bureau directors, and bureau directors (police 911 communications) to retire after 25 years of creditable service with a pension equal to one-half of final average salary
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Permits counties to elect to provide these benefits by adopting a resolution and filing it with the state comptroller, accompanied by a cost estimate affidavit from the county's chief executive officer
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Includes credit for prior service as state police, firefighters, police officers, criminal investigators, probation assistants, and other law enforcement positions toward the 25-year service requirement
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Requires electing counties to bear all costs, including an estimated one-time past service cost of approximately 16% of eligible members' salary and annual contribution increases of approximately 5% of salary
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Takes effect January 1, 2025; allows members under Article 14 to make an irrevocable election within one year to forfeit those benefits in favor of this 25-year retirement plan
Legislative Description
Provides an optional twenty-five year retirement plan for county 911 operators throughout the state.
Last Action
referred to governmental employees
4/11/2024