Bill

Bill > A05868


NY A05868

NY A05868
Grants Nassau county fire marshals, supervising fire marshals, fire marshals, assistant fire marshals, assistant chief fire marshals or chief fire marshals pension benefits for service rendered beyond twenty-five years.


summary

Introduced
02/24/2025
In Committee
06/17/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the retirement and social security law, in relation to granting certain county fire marshals, supervising fire marshals, fire marshals, assistant fire marshals, assistant chief fire marshals or chief fire marshals pension benefits for service rendered beyond twenty-five years

AI Summary

This bill amends the retirement and social security law to enhance pension benefits for Nassau county fire marshals and related fire service personnel. Specifically, the bill modifies early service retirement benefits for county fire marshals, supervising fire marshals, fire marshals, assistant fire marshals, assistant chief fire marshals, and chief fire marshals. Under the new provisions, these employees can receive a pension equal to one-half of their final average salary after completing 25 years of service, with an additional benefit of one-sixtieth of their final average salary for each year of service beyond 25 years. The bill also stipulates that Nassau County will bear the past service costs associated with implementing these changes, which can be amortized over ten years. The fiscal note indicates that this change will affect 43 employees and is expected to increase Nassau County's annual contributions by approximately $59,000, with an immediate past service cost of around $910,000. The bill takes effect immediately and is not subject to the typical appropriation requirements, providing a straightforward path to implementation for these enhanced retirement benefits for fire service personnel.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (5)

Last Action

substituted by s4599 (on 06/17/2025)

bill text


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