NY S09070

Allows NYC police officers who previously worked as traffic enforcement agents (hired before July 1, 2009) to count that prior service toward their police pension eligibility and benefits

Requires officers to pay into the retirement fund the amount they would have contributed had they been police officers during their traffic enforcement service

Applies to approximately 194 active police officers with an average of 4.8 years of traffic enforcement service and average age of 45.5

Increases NYC employer pension contributions by $8.3 million in FY 2027, declining to $6.3 million by FY 2031, then generating savings of $2-3 million annually thereafter

Creates a $36.1 million increase in unfunded accrued liability to be paid off over 5 years at $9.1 million per year