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Bill > S05754


NY S05754

NY S05754
Authorizes an optional twenty-five year retirement plan for fire marshals I and supervisors of such title in Suffolk county.


summary

Introduced
02/28/2025
In Committee
01/07/2026
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 an optional twenty-five year retirement plan for chief fire marshals, assistant chief fire marshals, fire marshals II, and fire marshals I in Suffolk county

AI Summary

This bill establishes an optional twenty-five year retirement plan specifically for fire marshals and supervisors employed in Suffolk County, New York. The legislation allows chief fire marshals, assistant chief fire marshals, fire marshals II, and fire marshals I to retire after completing 25 years of creditable service with a pension equal to one-half of their final average salary, with the option to receive additional benefits for service beyond 25 years (up to a maximum of three-fourths of their final average salary). To implement this plan, a participating employer (Suffolk County or a town/village within Suffolk County) must adopt a resolution and file it with the comptroller. Eligible members must file an irrevocable election to participate in this retirement plan within one year of their employer's election, and they can also receive credit for previous service as a paid firefighter or fire department officer. The bill specifies that the participating employer will bear all past service costs associated with implementing this retirement option, and the estimated annual contribution increase is approximately 6% of salaries paid to eligible members. This legislation provides these specific fire marshal employees with an earlier retirement option tailored to their professional service.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

REFERRED TO CIVIL SERVICE AND PENSIONS (on 01/07/2026)

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