Bill > A05771

This bill provides an opportunity for certain Emergency Medical Technicians (EMTs) who are members of the New York City Employees Retirement System to opt into a twenty-five year retirement program, even if they previously chose not to participate. Specifically, the bill allows EMT members who are over 25 years old when first employed and who previously elected to be exempt from the improved retirement program to now join the program by filing an election form within 180 days of the bill's effective date. If an EMT member chooses to join the program, they will be required to pay additional member contributions retroactively, calculated from the date they first became an EMT member, along with accrued interest. The bill applies to Tier 4 and Tier 6 EMT members and is designed to give these workers a second chance to participate in a retirement plan that allows them to retire after 25 years of service. The fiscal note indicates that this change will impact a small group of 7 active EMT members, with an estimated initial increase in present value of benefits of approximately $394,500 for the New York City Employees Retirement System.

Budget and Finance, Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/A5771