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S08147 Summary:

BILL NOS08147A
 
SAME ASNo Same As
 
SPONSORJACKSON
 
COSPNSR
 
MLTSPNSR
 
Add §607-i, R & SS L
 
Provides for a heart disease presumption for certain New York police department traffic enforcement agents.
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S08147 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         8147--A
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                      May 15, 2025
                                       ___________
 
        Introduced  by  Sen. JACKSON -- read twice and ordered printed, and when
          printed to be committed to the Committee on Civil Service and Pensions
          -- committee discharged, bill amended, ordered  reprinted  as  amended
          and recommitted to said committee
 
        AN  ACT  to amend the retirement and social security law, in relation to
          providing a heart disease presumption  for  certain  New  York  police
          department traffic enforcement agents
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. The retirement and social security law is amended by adding
     2  a new section 607-i to read as follows:
     3    § 607-i. Disabilities;  health  presumption.  a.  Notwithstanding  the
     4  provisions  of  any general, special or local law or administrative code
     5  to the contrary, but except for the purposes  of  the  workers'  compen-
     6  sation  law  and  the  labor  law, any condition of impairment of health
     7  caused by diseases of the heart resulting in total or partial disability
     8  or death to a member in the employ  of  the  city  of  New  York  police
     9  department  in  the  titles  of  traffic  enforcement agent I or traffic
    10  enforcement agent II, where such member successfully passed  a  physical
    11  examination on entry into the service of such department, which examina-
    12  tion  failed to reveal any evidence of such condition, shall be presump-
    13  tive evidence that it was incurred in the performance and  discharge  of
    14  duty, unless the contrary be proved by competent evidence.
    15    b.  Notwithstanding  the  provisions of any general, special, or local
    16  law or the administrative code to the contrary, a member employed by the
    17  city of New York police department as a traffic enforcement agent  I  or
    18  traffic  enforcement  agent II who shall be retired pursuant to subdivi-
    19  sion a of this section shall receive a pension equal  to  three-quarters
    20  of such member's final average salary.
    21    §   2.  All  past  service  costs  associated  with  implementing  the
    22  provisions of this act shall be borne by the city of New York.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10780-03-5

        S. 8147--A                          2
 
     1    § 3. Notwithstanding any provision of law to the contrary, none of the
     2  provisions of this act shall be subject to the appropriation requirement
     3  of section twenty-five of this chapter.
     4    § 4. This act shall take effect immediately.
          FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
          SUMMARY:  This  proposed  legislation  would provide Tier 4 and Tier 6
        Traffic Enforcement Agents with a rebuttable statutory presumption  that
        a  qualifying  disability or death related to heart disease was incurred
        in the performance of duty and provide a performance of duty  disability
        benefit equal to 75% of Final Average Salary.
 
              ILLUSTRATION - INCREASE (DECREASE) IN EMPLOYER CONTRIBUTIONS
                 by Fiscal Year for the first 25 years ($ in Thousands)
 
                      One Incident              One Incident Per Year
            Year    Disability    Death        Disability         Death
            2026          39          26              39              26
            2027          39          26              80              53
            2028          39          26              122             81
            2029          39          26              165             110
            2030          39          26              209             140
            2031          39          26              255             170
            2032          39          26              302             202
            2033          39          26              350             234
            2034          39          26              400             267
            2035          39          26              451             301
            2036          39          26              504             337
            2037          39          26              559             373
            2038          39          26              615             411
            2039          39          26              673             449
            2040          0           0               693             463
            2041          0           0               714             477
            2042          0           0               735             491
            2043          0           0               757             506
            2044          0           0               780             521
            2045          0           0               803             537
            2046          0           0               827             553
            2047          0           0               852             569
            2048          0           0               878             586
            2049          0           0               904             604
            2050          0           0               931             622
 
           Employer contribution impact beyond Fiscal Year 2050 is not shown.
 
        The  potential  increases in employer contributions will be allocated to
        New York City.
          PRESENT VALUE OF BENEFITS:  The  Present  Value  of  Benefits  is  the
        discounted  expected  value  of  benefits paid to current members if all
        assumptions are met, including future service accrual and pay increases.
        Future new hires are not included in this present value.
 
                 INITIAL INCREASE (DECREASE) IN ACTUARIAL PRESENT VALUES
                          as of June 30, 2024 ($ in Thousands)
 
          Present Value (PV)                   Per Disability    Per Death
          (1) PV of Employer Contributions:    333               222

        S. 8147--A                          3
 
          (2) PV of Employee Contributions:    (11)              0
          Total PV of Benefits (1) + (2):      322               222
 
          UNFUNDED  ACCRUED  LIABILITY  (UAL): Actuarial Accrued Liabilities are
        the portion of the Present Value of Benefits allocated to past  service.
        Changes in UAL per incident would be recognized as ongoing gain/loss.
 
                       AMORTIZATION OF UNFUNDED ACCRUED LIABILITY

          Recognized as Ongoing Gain/Loss      Per Disability    Per Death
          Increase (Decrease) in UAL:          333 K             222 K
          Number of Payments:                  14                14
          Amortization Payment:                39 K              26 K
 
          CENSUS DATA: The number of members who will benefit in the future from
        this proposed legislation is unknown. The estimates presented herein are
        based  on  preliminary  census  data  collected as of June 30, 2024. The
        census data for the potentially impacted population used to develop  the
        average costs is summarized below.
 
                                                      NYCERS
                          Active Members
                          - Number Count:             2,430
                          - Average Age:              46.3
                          - Average Service:          9.2
                          - Average Salary:           55,000

          IMPACT  ON MEMBER BENEFITS: Currently, active Tier 4 or Tier 6 members
        who are employed as Traffic Enforcement Agents and become  disabled  due
        to  heart disease would generally be eligible for an applicable ordinary
        disability retirement after attaining 10 years of service. The disabili-
        ty benefit is a lifetime payment equal to the greatest of 1/3  of  Final
        Average  Salary  (FAS),  1/60th  of  FAS  times  service, or the service
        retirement benefit, if eligible.
          Under the proposed legislation, the  performance  of  duty  disability
        benefit  for  Tier 4 or Tier 6 Traffic Enforcement Agent members who are
        disabled from heart disease would be equal to  75%  of  FAS  without  an
        offset for Workers' Compensation.
          The  ordinary  death  benefit for Traffic Enforcement Agents is a lump
        sum payment generally equal to three times the member's salary,  plus  a
        refund  of  member  contributions. The performance of duty death benefit
        would generally be equal to a lifetime benefit  of  50%  of  a  member's
        wages earned during their last year of service, payable to certain bene-
        ficiaries.
          ASSUMPTIONS  AND  METHODS:  The  estimates  presented herein have been
        calculated based on the Revised 2021 Actuarial Assumptions  and  Methods
        of the impacted retirement systems.
          The  number of members who will benefit from this proposed legislation
        is unknown. The cost of this proposed  legislation  could  vary  greatly
        depending  on  the  number  of  future  members who benefit and on their
        length of service, age, and salary history. In particular, the  increase
        would  be  greater  for a member who is not yet eligible for an ordinary
        disability benefit when disabled.
          The estimated financial impact for disabled members  has  been  calcu-
        lated  assuming  50% would have retired under the current ordinary disa-

        S. 8147--A                          4
 
        bility benefit, and 50% would have continued  working  if  the  proposed
        legislation were not passed.
          RISK  AND  UNCERTAINTY: The costs presented in this Fiscal Note depend
        highly on the actuarial assumptions, methods,  and  models  used,  demo-
        graphics  of  the impacted population, and other factors such as invest-
        ment, contribution, and other risks. If actual experience deviates  from
        actuarial   assumptions,  the  actual  costs  could  differ  from  those
        presented herein. Quantifying these risks is beyond the  scope  of  this
        Fiscal Note.
          This  Fiscal  Note  is intended to measure pension-related impacts and
        does not include other potential costs (e.g., administrative  and  Other
        Postemployment  Benefits). This Fiscal Note does not reflect any chapter
        laws that may have been enacted during the current legislative session.
          STATEMENT OF ACTUARIAL OPINION: Marek Tyszkiewicz and Gregory Zelikov-
        sky are members of the Society of Actuaries and the American Academy  of
        Actuaries.  We  are members of NYCERS, but do not believe it impairs our
        objectivity, and we meet the Qualification  Standards  of  the  American
        Academy  of  Actuaries to render the actuarial opinion contained herein.
        To the best of our knowledge, the results  contained  herein  have  been
        prepared  in accordance with generally accepted actuarial principles and
        procedures and with the Actuarial Standards of Practice  issued  by  the
        Actuarial Standards Board.
          FISCAL  NOTE  IDENTIFICATION:  This  Fiscal Note 2025-76 dated June 6,
        2025 was prepared by the Chief Actuary for the New York City  Retirement
        Systems  and  Pension Funds and is intended for use only during the 2025
        Legislative Session.
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