New York 2025-2026 Regular Session

New York Assembly Bill A05767 Latest Draft

Bill / Introduced Version Filed 02/20/2025

   
  STATE OF NEW YORK ________________________________________________________________________ 5767 2025-2026 Regular Sessions  IN ASSEMBLY February 20, 2025 ___________ Introduced by M. of A. PHEFFER AMATO -- read once and referred to the Committee on Governmental Employees AN ACT to amend the retirement and social security law, in relation to authorizing an optional twenty-five year retirement plan for uniformed court officers and peace officers employed by the unified court system 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 89-y to read as follows: 3 § 89-y. Retirement of uniformed court officers and peace officers 4 employed by the unified court system. a. Any member who is a uniformed 5 court officer or a peace officer employed by the unified court system 6 shall be eligible to retire pursuant to the provisions of this section. 7 Such eligibility shall be an alternative to the eligibility provisions 8 available under any other plan of this article to which such member is 9 subject. 10 b. Such member shall be entitled to retire upon the completion of 11 twenty-five years of total creditable service by filing an application 12 therefor in the manner provided for in section seventy of this article. 13 c. Upon completion of twenty-five years of such service and upon 14 retirement, each such member shall receive a pension which, together 15 with an annuity which shall be the actuarial equivalent of such member's 16 accumulated contributions at the time of their retirement and an addi- 17 tional pension which is the actuarial equivalent of the reserved-for-in- 18 creased-take-home-pay to which such member may then be entitled shall be 19 sufficient to provide such member with a retirement allowance equal to 20 one-half of such member's final average salary. 21 d. As used in this section "creditable service" shall include any and 22 all services performed as a uniformed court officer or a peace officer 23 for the unified court system. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01273-02-5 

 A. 5767 2 1 e. Credit for service as a member or officer of the state police or as 2 a paid firefighter, police officer or officer of any organized fire 3 department or police force or department of any county, city, village, 4 town, fire district or police district, shall also be deemed to be cred- 5 itable service and shall be included in computing years of total service 6 for retirement pursuant to this section, provided such service was 7 performed by the member while contributing to the retirement system 8 pursuant to the provisions of this article or article eight of this 9 chapter. 10 f. A member contributing on the basis of this section at the time of 11 retirement, shall retire after the completion of twenty-five years of 12 total creditable service. Application therefor may be filed in a manner 13 similar to that provided in section seventy of this article. Upon 14 completion of twenty-five years of such service and upon retirement, 15 each such member shall receive a pension which, together with an annuity 16 which shall be the actuarial equivalent of such member's accumulated 17 contributions at the time of their retirement and an additional pension 18 which is the actuarial equivalent of the reserve-for-increased-take- 19 home-pay to which such member may then be entitled shall be sufficient 20 to provide such member with a retirement allowance equal to one-half of 21 such member's final average salary; 22 g. In computing the twenty-five years of total service of a member 23 pursuant to this section full credit shall be given and full allowance 24 shall be made for service of such member in time of war after World War 25 I as defined in section two of this chapter, provided such member at the 26 time of such member's entrance into the armed forces was in state 27 service. 28 h. Nothing herein shall be construed to prevent a member, who does not 29 retire pursuant to the provisions of this section, from utilizing 30 service which is creditable service pursuant to the provisions of this 31 section for service credit pursuant to the provisions of any other plan 32 of this article to which such member is subject. 33 i. The provisions of this section shall be controlling notwithstanding 34 any other provision in this article to the contrary. 35 § 2. Subdivision a of section 445 of the retirement and social securi- 36 ty law, as amended by chapter 714 of the laws of 2023, is amended to 37 read as follows: 38 a. No member of a retirement system who is subject to the provisions 39 of this article shall retire without regard to age, exclusive of retire- 40 ment for disability, unless [he or she] such member is a police officer, 41 an investigator member of the New York city employees' retirement 42 system, firefighter, correction officer, a qualifying member as defined 43 in section eighty-nine-t, as added by chapter six hundred fifty-seven of 44 the laws of nineteen hundred ninety-eight, of this chapter, sanitation 45 worker, a special officer (including persons employed by the city of New 46 York in the title urban park ranger or associate urban park ranger), 47 school safety agent, campus peace officer or a taxi and limousine 48 commission inspector member of the New York city employees' retirement 49 system or the New York city board of education retirement system, a 50 dispatcher member of the New York city employees' retirement system, a 51 police communications member of the New York city employees' retirement 52 system, an EMT member of the New York city employees' retirement system, 53 a deputy sheriff member of the New York city employees' retirement 54 system, a correction officer of the Westchester county correction 55 department as defined in section eighty-nine-e of this chapter or 56 employed in Suffolk county as a peace officer, as defined in section 

 A. 5767 3 1 eighty-nine-s, as added by chapter five hundred eighty-eight of the laws 2 of nineteen hundred ninety-seven, of this chapter, employed in Suffolk 3 county as a correction officer, as defined in section eighty-nine-f of 4 this chapter, or employed in Nassau county as a correction officer, 5 uniformed correction division personnel, sheriff, undersheriff or deputy 6 sheriff, as defined in section eighty-nine-g of this chapter, or 7 employed in Nassau county as an ambulance medical technician, an ambu- 8 lance medical technician/supervisor or a member who performs ambulance 9 medical technician related services, or a police medic, police medic 10 supervisor or a member who performs police medic related services, as 11 defined in section eighty-nine-s, as amended by chapter five hundred 12 seventy-eight of the laws of nineteen hundred ninety-eight, of this 13 chapter, or employed in Nassau county as a peace officer, as defined in 14 section eighty-nine-s, as added by chapter five hundred ninety-five of 15 the laws of nineteen hundred ninety-seven, of this chapter, or employed 16 in Albany county as a sheriff, undersheriff, deputy sheriff, correction 17 officer or identification officer, as defined in section eighty-nine-h 18 of this chapter or is employed in St. Lawrence county as a sheriff, 19 undersheriff, deputy sheriff or correction officer, as defined in 20 section eighty-nine-i of this chapter or is employed in Orleans county 21 as a sheriff, undersheriff, deputy sheriff or correction officer, as 22 defined in section eighty-nine-l of this chapter or is employed in 23 Jefferson county as a sheriff, undersheriff, deputy sheriff or 24 correction officer, as defined in section eighty-nine-j of this chapter 25 or is employed in Onondaga county as a deputy sheriff-jail division 26 competitively appointed or as a correction officer, as defined in 27 section eighty-nine-k of this chapter or is employed in a county which 28 makes an election under subdivision j of section eighty-nine-p of this 29 chapter as a sheriff, undersheriff, deputy sheriff or correction officer 30 as defined in such section eighty-nine-p or is employed in Broome County 31 as a sheriff, undersheriff, deputy sheriff or correction officer, as 32 defined in section eighty-nine-m of this chapter or is a Monroe county 33 deputy sheriff-court security, or deputy sheriff-jailor as defined in 34 section eighty-nine-n, as added by chapter five hundred ninety-seven of 35 the laws of nineteen hundred ninety-one, of this chapter or is employed 36 in Greene county as a sheriff, undersheriff, deputy sheriff or 37 correction officer, as defined in section eighty-nine-o of this chapter 38 or is a traffic officer with the town of Elmira as defined in section 39 eighty-nine-q of this chapter or is employed by Suffolk county as a park 40 police officer, as defined in section eighty-nine-r of this chapter or 41 is a peace officer employed by a county probation department as defined 42 in section eighty-nine-t, as added by chapter six hundred three of the 43 laws of nineteen hundred ninety-eight, of this chapter or is employed in 44 Rockland county as a deputy sheriff-civil as defined in section eighty- 45 nine-v of this chapter as added by chapter four hundred forty-one of the 46 laws of two thousand one, or is employed in Rockland county as a superi- 47 or correction officer as defined in section eighty-nine-v of this chap- 48 ter as added by chapter five hundred fifty-six of the laws of two thou- 49 sand one or is a paramedic employed by the police department in the town 50 of Tonawanda and retires under the provisions of section eighty-nine-v 51 of this chapter, as added by chapter four hundred seventy-two of the 52 laws of two thousand one, or is a county fire marshal, supervising fire 53 marshal, fire marshal, assistant fire marshal, assistant chief fire 54 marshal, chief fire marshal, division supervising fire marshal or fire 55 marshal trainee employed by the county of Nassau as defined in section 56 eighty-nine-w of this chapter or is employed in Monroe county as a depu- 

 A. 5767 4 1 ty sheriff-civil as defined in section eighty-nine-x of this chapter, 2 employed as an emergency medical technician, critical care technician, 3 advanced emergency medical technician, paramedic or supervisor of such 4 titles in a participating Suffolk county fire district as defined in 5 section eighty-nine-ss of this chapter, or is a uniformed court officer 6 or a peace officer employed by the unified court system as defined in 7 section eighty-nine-y of this chapter and is in a plan which permits 8 immediate retirement upon completion of a specified period of service 9 without regard to age. Except as provided in subdivision c of section 10 four hundred forty-five-a of this article, subdivision c of section four 11 hundred forty-five-b of this article, subdivision c of section four 12 hundred forty-five-c of this article, subdivision c of section four 13 hundred forty-five-d of this article, subdivision c of section four 14 hundred forty-five-e of this article, subdivision c of section four 15 hundred forty-five-f of this article and subdivision c of section four 16 hundred forty-five-h of this article, a member in such a plan and such 17 an occupation, other than a police officer or investigator member of the 18 New York city employees' retirement system or a firefighter, shall not 19 be permitted to retire prior to the completion of twenty-five years of 20 credited service; provided, however, if such a member in such an occupa- 21 tion is in a plan which permits retirement upon completion of twenty 22 years of service regardless of age, [he or she] such member may retire 23 upon completion of twenty years of credited service and prior to the 24 completion of twenty-five years of service, but in such event the bene- 25 fit provided from funds other than those based on such a member's own 26 contributions shall not exceed two per centum of final average salary 27 per each year of credited service. 28 § 3. Section 603 of the retirement and social security law is amended 29 by adding a new subdivision w to read as follows: 30 w. The service retirement benefit specified in section six hundred 31 four of this article shall be payable to members with twenty-five or 32 more years of creditable service, without regard to age, who are 33 employed as uniformed court officers or peace officers in the unified 34 court system, as defined in section eighty-nine-y of this chapter if: 35 (i) such members have met the minimum service requirements upon retire- 36 ment, and (ii) in the case of a member subject to the provisions of 37 article fourteen of this chapter, such member files an election therefor 38 which provides that such member will be subject to the provisions of 39 this article and to none of the provisions of such article fourteen. 40 Such election, which shall be irrevocable, shall be in writing, duly 41 executed and shall be filed with the comptroller within one year of the 42 effective date of this subdivision or within one year of entering into 43 service as a uniformed court officer or a peace officer employed by the 44 unified court system. The term "creditable service" shall have the mean- 45 ing as so defined in section eighty-nine-y and subdivision c of section 46 six hundred one of this chapter. 47 § 4. Subdivision a of section 503 of the retirement and social securi- 48 ty law, as amended by chapter 18 of the laws of 2012, is amended to read 49 as follows: 50 a. The normal service retirement benefit specified in section five 51 hundred four of this article shall be payable to general members, other 52 than elective members, who have met the minimum service requirements 53 upon retirement and attainment of age sixty-two, provided, however, a 54 general member who is a peace officer employed by the unified court 55 system or a member of a teachers' retirement system may retire without 56 reduction of [his or her] such member's retirement benefit upon attain- 

 A. 5767 5 1 ment of at least fifty-five years of age and completion of thirty or 2 more years of service. For members who become members of the New York 3 state and local employees' retirement system on or after April first, 4 two thousand twelve, the normal service retirement benefits specified in 5 section five hundred four of this article shall be payable to general 6 members, other than elective members, who have met the minimum service 7 requirements upon retirement and attainment of age sixty-three; provided 8 that, a member who is a uniformed court officer or a peace officer 9 employed by the unified court system may retire without reduction of 10 such member's retirement benefit upon attainment of twenty-five or more 11 years of service if they have elected the special retirement plan found 12 in section eighty-nine-y of this chapter. 13 § 5. Section 604 of the retirement and social security law is amended 14 by adding a new subdivision w to read as follows: 15 w. The early service retirement for a member who is employed as a 16 uniformed court officer or peace officer by the unified court system as 17 defined in section eighty-nine-y of this chapter, shall be a pension 18 equal to one-fiftieth of final average salary times years of credited 19 service at the completion of twenty-five years of service as such 20 uniformed court officer or a peace officer employed by the unified court 21 system, but not exceeding one-half of such member's final average sala- 22 ry. 23 § 6. Notwithstanding any provision of law to the contrary, none of the 24 provisions of this act shall be subject to the appropriation requirement 25 of section twenty-five of the retirement and social security law. 26 § 7. All past service costs associated with implementing the 27 provisions of this act shall be borne by the state of New York. 28 § 8. This act shall take effect immediately. FISCAL NOTE.--Pursuant to Legislative Law, Section 50: This bill would permit members of the New York State and Local Employ- ees' Retirement System employed by the Unified Court System as peace officers, including uniformed court officers, to retire upon completion of twenty-five years of creditable service with a benefit of one-half final average salary. Additionally, members covered under Article 14 would be permitted one year to make an irrevocable election to switch to the twenty-five-year plan. If this bill is enacted during the 2025 Legislative Session, we antic- ipate that there will be an increase of approximately $30 million in the annual contributions of the State of New York for the fiscal year ending March 31, 2026. In future years this cost will vary but is expected to average 3.8% of salary annually. In addition to the annual contributions discussed above, there will be an immediate past service cost of approximately $121 million which will be borne by the State of New York as a one-time payment. This estimate assumes that payment will be made on March 1, 2026. These estimated costs are based on 6,573 affected members employed by the Unified Court System, with annual salary of approximately $628 mil- lion as of March 31, 2024. Summary of relevant resources: Membership data as of March 31, 2024 was used in measuring the impact of the proposed change, the same data used in the April 1, 2024 actuari- al valuation. Distributions and other statistics can be found in the 2024 Report of the Actuary and the 2024 Annual Comprehensive Financial Report. The actuarial assumptions and methods used are described in the 2024 Annual Report to the Comptroller on Actuarial Assumptions, and the Codes, Rules and Regulations of the State of New York: Audit and 

 A. 5767 6 Control. The Market Assets and GASB Disclosures are found in the March 31, 2024 New York State and Local Retirement System Financial Statements and Supplementary Information. This fiscal note does not constitute a legal opinion on the viability of the proposed change nor is it intended to serve as a substitute for the professional judgment of an attorney. This estimate, dated February 3, 2025, and intended for use only during the 2025 Legislative Session, is Fiscal Note No. 2025-18. As Chief Actuary of the New York State and Local Retirement System, 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 Actuaries, of which I am a member.