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Bill > S08094


NY S08094

NY S08094
Provides for retirement credit to fire protection inspector members for a child care leave of absence.


summary

Introduced
05/15/2025
In Committee
05/15/2025
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 providing retirement credit to fire protection inspector members for a child care leave of absence

AI Summary

This bill amends the retirement and social security law to allow fire protection inspectors employed by the New York City Employees' Retirement System (NYCERS) to receive retirement credit for periods of unpaid child care leave. Specifically, fire protection inspectors can now purchase up to one year of service credit for each authorized child care leave, provided they file a claim by December 31, 2025, or within 90 days of their leave's termination, whichever is later. To receive this credit, members must contribute to the pension fund the amount they would have contributed during the leave period, including interest. The bill defines fire protection inspector members as those working in titles directly related to fire protection inspection or supervising such roles within the New York City Fire Department. This change allows these employees to maintain their retirement benefits continuity during periods of unpaid child care leave, which was previously not possible. The fiscal note indicates that while the exact number of members who will benefit is unknown, the potential impact includes modest increases in employer contributions and actuarial present values over time.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

PRINT NUMBER 8094A (on 06/12/2025)

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