A05094 Summary:

BILL NO    A05094 

SAME AS    Same as S 3188

SPONSOR    Abbate

COSPNSR    Pheffer, Colton, DenDekker

MLTSPNSR   Cook, Titone

Add SS14-152 & 15-129, NYC Ad Cd

Affords members of the New York city police force and New York city fire
department the option of taking a monetary payment in lieu of terminal leave at
the rate applicable on the date of retirement.

A05094 Actions:

BILL NO    A05094 

02/10/2009 referred to governmental employees
01/06/2010 referred to governmental employees

A05094 Votes:

A05094 Memo:

 BILL NUMBER:  A5094

 TITLE OF BILL :  An act to amend the administrative code of the city
of New York, in relation to terminal leave

 PURPOSE :; To provide an incentive for members of the New York Police
Department and members of the New York City Fire Department to remain
on active duty.

 SUMMARY :  This bill would add a new section 14-152 and 15-129 to the
administrative code of the city of New York to allow members of the
Police Department and Fire Department to receive terminal leave
payment while continuing to serve.

 JUSTIFICATION :  Retaining veteran police officers, Fire fighter and
fire officers within the ranks City is a paramount concern to the
State and constituencies city of New York. The New York City Police
and Fire Departments continue to face an unprecedented wave of
retirements. A large number of police officers, Firefighters and Fire
Officers are quickly approaching 20 years of active service making
them eligible for retirement. Thus, the departments are confronted
with a significant loss of its most experienced officers. One way to
allow veteran police officers, Fire fighters and Fire officers to
continue working is to grant them the option of taking a cash payment
in lieu of their terminal leave. The bill will provide an incentive to
officers to remain on the job and provide additional months of public
protection at no additional cost.

 LEGISLATIVE HISTORY :  New Bill.

Immediately.

 FISCAL IMPLICATIONS : None

 EFFECTIVE DATE : Immediately