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NY S07242
Bill
Status
12/8/2023
Primary Sponsor
Monica Martinez
Click for details
AI Summary
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Allows participating Suffolk County fire districts to elect to provide emergency medical technicians, critical care technicians, advanced emergency medical technicians, paramedics, and supervisors of these titles with retirement eligibility after 25 years of creditable service, regardless of age.
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Provides a retirement allowance equal to one-half of final average salary upon completion of 25 years of service, with an additional one-sixtieth of final average salary for each year of service beyond 25 years, capped at three-fourths of final average salary.
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Permits members currently employed in covered titles to elect within one year of the effective date to be subject to these new provisions as an alternative to other available retirement plans.
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Includes prior service as a paid firefighter or officer with any organized fire department as creditable service toward the 25-year requirement.
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Requires participating fire districts to bear all past service costs associated with implementing the new benefit provisions.
Legislative Description
Provides members employed as an emergency medical technician, critical care technician, advanced emergency medical technician, paramedic or supervisor of such titles in a participating Suffolk county fire district with the eligibility to retire upon the completion of twenty-five years of total creditable service; makes related provisions.
Last Action
SIGNED CHAP.714
12/8/2023