NY S09069

Allows Tier 2 members of the New York City Police Pension Fund to purchase or transfer service credit for prior work as an assistant district attorney in NYC counties or as an examining attorney for the NYC Commission to Combat Police Corruption

Prior attorney service would count as uniformed police service for determining eligibility and benefit amounts, rather than receiving reduced civilian service credit (currently 75% of 1/60th per year)

Members must pay or transfer all member contributions plus 5% annual interest into the police pension fund; transferring members lose all credited service in the NYC Employees' Retirement System

Initial employer contribution increase of $333,000 in fiscal year 2027, declining to net savings of approximately $70,000-$92,000 annually from 2029-2036 as amortization payments end

Currently impacts one identified Tier 2 member with 11 years of uniformed service and 10 years of eligible attorney service