Bill > S07916

This bill establishes a twenty-two and one-half year retirement program for Emergency Medical Technicians (EMTs) and Advanced EMTs in the New York City Employees' Retirement System. The program allows eligible EMT members to retire earlier with specific benefits. Key provisions include: participants can elect to join the program within 180 days of its start date, and those who qualify must have completed 22.5 years of creditable service as an EMT. The retirement benefit consists of 50% of the final average salary for the first 22.5 years of service, plus an additional 2% for each year beyond 22.5, up to a maximum of 5 additional years. Participants are required to make additional member contributions of 6.5% of their compensation until they reach 27.5 years of credited service. Importantly, those who retire under this program will not be eligible for cost-of-living adjustments. The bill applies to both current Tier 4 and Tier 6 EMT members, with current members having the option to elect the program and new members after the enactment date being automatically enrolled in the Tier 6 version.

Budget and Finance, Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/S7916