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NY A05552
Bill
Status
Introduced
2/14/2025
Primary Sponsor
Stacey Pheffer Amato
Click for details
AI Summary
- Creates a 25-year retirement plan for airport firefighters (apprentice, I, II, III) and training and safety officers employed by the Division of Military and Naval Affairs
- Allows eligible members to retire after 25 years of creditable service with a retirement allowance equal to one-half of their final average salary
- Provides additional benefit of one-sixtieth of final average salary for each year of service beyond 25 years and for non-firefighter service
- Grants full credit toward the 25-year requirement for military service in wartime (post-World War I) if the member was a state employee when entering the armed forces
- Estimated fiscal impact includes $280,000 in increased annual state contributions starting fiscal year 2025-2026, plus a one-time past service cost of approximately $2.17 million
Legislative Description
Establishes a twenty-five year retirement plan for firefighters employed by the division of military and naval affairs.
Last Action
referred to governmental employees
1/7/2026
Committee Referrals
Governmental Employees2/14/2025
Full Bill Text
No bill text available