New York Assembly Bill A08012

New York 2025-2026 Regular Session

• Introduced: 4/21/25
• Refer: 4/21/25

Caption

Provides New York city fire pension fund benefits to the widow of deceased firefighter Derek Floyd.

Impact

The bill proposes that the costs associated with implementing these benefits will be borne entirely by the New York City Fire Department. The actuarial estimates suggest an initial increase in employer contributions amounting to approximately $307,000 for the fiscal year 2027, with long-term implications on the department's budget and financial planning. This financial responsibility may put additional pressure on the firefighting budget and highlight the state's ongoing commitment to supporting the families of public safety officers who have lost their lives in the line of duty.

Summary

Bill A08012 aims to provide significant pension benefits to the widow of deceased firefighter Derek Floyd. The bill seeks to classify Floyd as an active member of the New York City Fire Pension Fund at the time of his death, which occurred on April 15, 2024, despite the fact that he was not employed at that time. If enacted, this legislation would entitle his widow, Christine Floyd, to a Tier 3 Ordinary Death Benefit, equating to three times his final yearly salary. This benefit would be a substantial financial support to his family and is an acknowledgment of the service and sacrifice made by firefighters.

Contention

The bill may raise points of contention regarding public funding for benefits associated with deceased firefighters. Supporters argue it is a justifiable expense given the risks firefighters face daily. However, critics could question the allocation of city funds to cover these benefits, especially if the department is already grappling with budget constraints or if similar benefits are not uniformly applied to all deceased public employees. Furthermore, the classification of Floyd as an active member despite not being employed could set a precedent, inviting scrutiny from taxpayers who may be concerned about fairness and fiscal responsibility in the provision of pension benefits.