•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 
  •  
  •  LFIN 
  •  
  •  Chamber Video/Transcript 

S07986 Summary:

BILL NOS07986A
 
SAME ASSAME AS A08350-A
 
SPONSORRYAN C
 
COSPNSRASHBY, FAHY, FERNANDEZ, GALLIVAN, JACKSON, MARTINEZ, PALUMBO, ROLISON
 
MLTSPNSR
 
Amd §381-b, R & SS L
 
Authorizes members or officers of the state police who were previously firefighters receive credit for such previous firefighter service for the purposes of retirement.
Go to top

S07986 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         7986--A
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                      May 15, 2025
                                       ___________
 
        Introduced  by Sens. C. RYAN, ASHBY, FAHY, FERNANDEZ, GALLIVAN, JACKSON,
          MARTINEZ, PALUMBO, ROLISON -- read twice and ordered printed, and when
          printed to be committed to the Committee on Civil Service and Pensions
          -- recommitted to the Committee  on  Civil  Service  and  Pensions  in
          accordance  with  Senate  Rule 6, sec. 8 -- committee discharged, bill
          amended, ordered reprinted as amended and recommitted to said  commit-
          tee
 
        AN  ACT  to amend the retirement and social security law, in relation to
          authorizing members or officers of the state police who were previous-
          ly  firefighters  to  count  such  firefighter  service  towards  such
          member's or officer's retirement plan
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. The subdivision heading of subdivision c of  section  381-b
     2  of  the retirement and social security law, as amended by chapter 581 of
     3  the laws of 2001, is amended and a new paragraph 3 is added to  read  as
     4  follows:
     5    Credit for previous [police] service.
     6    (3)  Career firefighter service. In computing the years of total cred-
     7  itable service in such division each member who was previously  a  fire-
     8  fighter of any county, city, town, village or fire district and a member
     9  of  the New York state and local police and fire retirement system shall
    10  receive full credit and be given full allowance for  service  previously
    11  rendered as a firefighter.
    12    § 2. This act shall take effect immediately.
          FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
          This bill would expand the definition of creditable service in section
        381-b  of  the Retirement and Social Security Law to include firefighter
        service credit. Currently, a New York State  Trooper  does  not  receive
        service credit for time worked as a firefighter.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10354-04-6

        S. 7986--A                          2
 
          There will be an immediate past service cost of $2.32 million borne by
        the  State  of  New  York  as a one-time payment. This cost assumes that
        payment will be made on March 1, 2027.
          This  bill  will  marginally  increase  the State of New York's annual
        contributions beginning FYE 2027.
          These estimated costs are based on 9 affected members employed by  the
        State  of New York, with annual salary of approximately $1.60 million as
        of March 31, 2025.
          Summary of relevant resources:
          Membership data as of March 31, 2025 was used to measure the impact of
        the bill, the same data used in the Actuarial Valuations dated April  1,
        2025. Distributions and other statistics can be found in the 2025 Report
        of  the  Actuary and the 2025 Annual Comprehensive Financial Report. The
        actuarial assumptions and methods used are described in the 2025  Annual
        Report to the Comptroller on Actuarial Assumptions, and the Codes, Rules
        and  Regulations  of  the State of New York: Audit and Control. The fair
        value of assets and GASB disclosures can be found in the 2025  Financial
        Statements and Supplementary Information.
          Assumptions,  demographics,  and  other  considerations  may have been
        modified to better reflect specific provisions of any  proposed  benefit
        change(s).
          This  fiscal note does not constitute a legal opinion on the viability
        of the bill, nor is it intended to serve as a substitute for the profes-
        sional judgment of an attorney.
          This estimate, dated January 15,  2026,  and  intended  for  use  only
        during  the  2026  Legislative Session, is Fiscal Note Number 2026-2. As
        Chief Actuary  of  the  New  York  State  and  Local  Retirement  System
        (NYSLRS),  I,  Aaron  Schottin  Young, hereby certify that this analysis
        complies with applicable Actuarial Standards of Practice as well as  the
        Code  of  Professional Conduct and Qualification Standards for Actuaries
        Issuing Statements of Actuarial Opinion of the American Academy of Actu-
        aries, of which I am a member. I am  a  member  of  NYSLRS  but  do  not
        believe it impairs my objectivity.
Go to top