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Bill > S07338
NY S07338
NY S07338Authorizes active members of the New York state and local police and fire retirement system to purchase service credit for service with the Long Island Railroad Company police department.
summary
Introduced
04/10/2025
04/10/2025
In Committee
04/10/2025
04/10/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT in relation to authorizing active members of the New York state and local police and fire retirement system to purchase service credit for service with the Long Island Railroad Company police department
AI Summary
This bill allows active members of the New York State and Local Police and Fire Retirement System (NYSLPFRS) who were previously police officers with the Long Island Railroad Company (LIRR) police department to purchase up to three years of additional service credit. To be eligible, members must have at least five years of existing credited service (not including the LIRR service), file a written request within one year of the act's effective date, and pay three percent of their most recent annual compensation for each year of service credit they wish to purchase. The bill specifically addresses a current limitation where LIRR service can only be credited through the Metropolitan Transportation Authority police retirement program. All past service costs associated with implementing this bill will be paid by the state of New York, and the legislation is designed to provide retroactive service credit recognition for qualifying police officers who previously worked for the LIRR. The fiscal note estimates that for each year of service credit purchased, the past service cost will be approximately 22% of the affected member's compensation, though the exact number of members who will benefit is uncertain.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
REFERRED TO CIVIL SERVICE AND PENSIONS (on 04/10/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S7338 |
BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S07338&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S07338 |
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