NY A05767

Uniformed court officers and peace officers employed by New York's Unified Court System would be eligible to retire after 25 years of creditable service, regardless of age, with a retirement allowance equal to 50% of their final average salary

Creditable service includes time as a uniformed court officer or peace officer for the unified court system, as well as prior service as state police, paid firefighter, or police officer for any county, city, village, town, fire district, or police district

Members currently under Article 14 of the retirement law would have one year from the effective date to make an irrevocable election to switch to this 25-year plan

Full credit toward the 25 years would be given for wartime military service after World War I if the member was in state service when entering the armed forces

Fiscal impact includes an estimated $30 million increase in annual state contributions starting fiscal year 2025-2026, plus a one-time past service cost of approximately $121 million to be paid by the state, affecting approximately 6,573 members with combined annual salaries of $628 million