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Bill > S04523


NY S04523

NY S04523
Relates to establishing a twenty year retirement plan for members or officers of law enforcement; includes every non-seasonally appointed sworn member or officer of the division of law enforcement in the department of environmental conservation, a forest ranger in the service of the department of environmental conservation, a police officer in the department of environmental conservation, the regional state park police, and university police officers in such twenty year plan.


summary

Introduced
02/05/2021
In Committee
06/10/2021
Crossed Over
06/10/2021
Passed
12/17/2021
Dead
Vetoed
12/29/2021

Introduced Session

2021-2022 General Assembly

Bill Summary

Relates to establishing a twenty year retirement plan for members or officers of law enforcement; includes every non-seasonally appointed sworn member or officer of the division of law enforcement in the department of environmental conservation, a forest ranger in the service of the department of environmental conservation, a police officer in the department of environmental conservation, the regional state park police, and university police officers in such twenty year plan.

AI Summary

This bill establishes a 20-year retirement plan for certain law enforcement officers, including non-seasonally appointed sworn members or officers of the Division of Law Enforcement in the Department of Environmental Conservation, forest rangers, police officers in the Department of Environmental Conservation, regional state park police, and university police officers. Under the plan, these members can retire after 20 years of service and receive a pension equal to one-half of their final average salary, plus an additional pension of one-sixtieth of their final average salary for each year of service beyond 20 years, up to a maximum of 12 additional years. The bill also allows members to receive credit for prior service in other law enforcement roles, and provides that all past service costs associated with implementing the plan will be borne by the state of New York, which can be amortized over 10 years.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (21)

Last Action

VETOED MEMO.77 (on 12/29/2021)

bill text


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