Bill
Bill > A05450
NY A05450
NY A05450Establishes a retirement service credit for volunteer fire or emergency service.
summary
Introduced
03/10/2023
03/10/2023
In Committee
03/10/2023
03/10/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the retirement and social security law, in relation to establishing a retirement service credit for volunteer fire or emergency service
AI Summary
This bill establishes a retirement service credit for volunteer fire or emergency service. Specifically, it allows members of New York State public retirement systems to obtain up to 3 years of service credit for every 5 years of volunteer fire or emergency service they have provided in the state. To be eligible, members must have at least 5 years of credited service, excluding the volunteer service. Members must pay 3% of their recent compensation per year of service credit being purchased. The costs of this credit, other than the member contributions, will be shared by the state and local participating employers in the respective retirement systems. This bill aims to recognize and provide pension benefits for the volunteer service of firefighters and emergency responders in New York.
Committee Categories
Labor and Employment
Sponsors (44)
Joe DeStefano (R)*,
Joe Angelino (R),
Anil Beephan Jr. (R),
Scott Bendett (R),
Ken Blankenbush (R),
Karl Brabenec (R),
Ari Brown (R),
Keith Brown (R),
Marjorie Byrnes (R),
Michael Durso (R),
Simcha Eichenstein (D),
Ed Flood (R),
Jeff Gallahan (R),
Jarett Gandolfo (R),
Jodi Giglio (R),
Joe Giglio (R),
Scott Gray (R),
Steve Hawley (R),
Kimberly Jean-Pierre (D),
Billy Jones (D),
Anna Kelles (D),
Charles Lavine (D),
John Lemondes (R),
Brian Maher (R),
Brian Manktelow (R),
Dave McDonough (R),
John McGowan (R),
Angelo Morinello (R),
Mike Norris (R),
Phil Palmesano (R),
Sam Pirozzolo (R),
Ed Ra (R),
Angelo Santabarbara (D),
Gina Sillitti (D),
Matt Simpson (R),
Matt Slater (R),
Doug Smith (R),
Robert Smullen (R),
Michaelle Solages (D),
Steve Stern (D),
Chris Tague (R),
Mike Tannousis (R),
Fred Thiele (D),
Ken Zebrowski (D),
Last Action
enacting clause stricken (on 05/10/2023)
Bill Topics
Labor and Employment
- ‐ Employee Benefits
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A5450 | 03/10/2023 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A05450&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A05450A | 03/30/2023 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A05450&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A05450 | 03/10/2023 |
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