Provides earnings limitations for retired police officers employed part-time by municipalities with a population of less than 7,500; permits such officer to work up to five hundred twenty hours in any consecutive six-month period, with no suspension or diminution of retirement allowance; establishes villages or towns shall report such hours and salary earned on a monthly basis and shall contribute a percentage of the officer's excess earnings to the New York state and local police and fire retirement system.
Impact
If passed, this bill would alleviate previous restrictions which impose a $35,000 earnings cap on retirees returning to work in law enforcement roles. The fiscal implications point to potential increased costs for local municipalities that opt to employ these part-time officers, as they will be required to report the officer's earnings and pay corresponding contributions to the police and fire retirement system for any earnings exceeding the post-retirement limit.
Summary
Bill S07973 aims to amend the Retirement and Social Security Law in New York to facilitate the reemployment of retired police officers on a part-time basis. Specifically, it targets retired officers with at least 20 years of service who are looking to work in villages or towns with populations under 7,500. The legislation will allow these retirees to work up to 520 hours in any consecutive six-month period without facing a suspension or reduction of their retirement benefits.
Contention
Support and opposition for S07973 are likely to stem from differing views on public sector employment and the sustainability of retirement systems. Advocates argue that the bill assists small towns facing staffing shortages by leveraging experienced officers while opponents may argue it undermines the intent of public pension systems meant to support full retirement for its beneficiaries. The bill invites concern over potential increased financial burdens on taxpayers in these municipalities and impacts on the overall management of retirement funds, particularly if a significant number of retirees are rehired.
Same As
Provides earnings limitations for retired police officers employed part-time by municipalities with a population of less than 7,500; permits such officer to work up to five hundred twenty hours in any consecutive six-month period, with no suspension or diminution of retirement allowance; establishes villages or towns shall report such hours and salary earned on a monthly basis and shall contribute a percentage of the officer's excess earnings to the New York state and local police and fire retirement system.
Provides earnings limitations for retired police officers employed part-time by municipalities with a population of less than 25,000; permits such officer to work up to five hundred twenty hours in any consecutive six-month period, with no suspension or diminution of retirement allowance; establishes villages or towns shall report such hours and salary earned on a monthly basis.
Provides earnings limitations for retired police officers employed part-time by municipalities with a population of less than 25,000; permits such officer to work up to five hundred twenty hours in any consecutive six-month period, with no suspension or diminution of retirement allowance; establishes villages or towns shall report such hours and salary earned on a monthly basis.
Allows retired state police officers to serve as police officers for local police departments without diminution of retirement benefits; empowers the superintendent of state police to approve such service.
Allows retired state police officers to serve as police officers for local police departments without diminution of retirement benefits; empowers the superintendent of state police to approve such service.
Establishes a twenty-five year retirement plan for constables employed by the village of Westhampton Dunes; provides that pension together with an annuity shall be sufficient to provide a retirement allowance equal to one-half of final average salary.
Establishes a twenty-five year retirement plan for constables employed by the village of Westhampton Dunes; provides that pension together with an annuity shall be sufficient to provide a retirement allowance equal to one-half of final average salary.
Authorizes the transfer of memberships for certain members of the New York state and local police and fire retirement system who previously held a membership with the New York state and local employees' retirement system back to such retirement system.
Authorizes the transfer of memberships for certain members of the New York state and local police and fire retirement system who previously held a membership with the New York state and local employees' retirement system back to such retirement system.
Creates the New York state school resource officer program for school districts outside of New York City; requires retired police officers be certified by the department of education to become school resource officers; allows retired police officers employed as school resource officers to carry a firearm on school grounds given an appropriate license; relates to the earnings limitations for retired police officers employed as a school resource officer.
Creates the New York state school resource officer program for school districts outside of New York City; requires retired police officers be certified by the department of education to become school resource officers; allows retired police officers employed as school resource officers to carry a firearm on school grounds given an appropriate license; relates to the earnings limitations for retired police officers employed as a school resource officer.