Senate Bill S7714A

2023-2024 Legislative Session

Restores 20 year service retirement for New York city police officers

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Civil Service And Pensions Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

co-Sponsors

2023-S7714 - Details

See Assembly Version of this Bill:
A7791
Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §§501, 503 & 505, R & SS L

2023-S7714 - Summary

Restores 20 year service retirement for New York city police officers.

2023-S7714 - Sponsor Memo

2023-S7714 - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7714
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                             October 18, 2023
                                ___________
 
 Introduced  by  Sen.  CHU  --  read  twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to amend the retirement and social security law, in  relation  to
   the restoration of 20 year service retirement for New York city police
   officers

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 17 of section 501 of the retirement and  social
 security  law,  as amended by chapter 18 of the laws of 2012, is amended
 to read as follows:
   17. "Normal retirement  age"  shall  be  age  sixty-two,  for  general
 members, and the age at which a member completes or would have completed
 twenty-two  years  of  service,  for  police/fire members, New York city
 uniformed correction/sanitation revised plan  members  and  investigator
 revised  plan  members,  EXCEPT  THAT FOR POLICE/FIRE MEMBERS OF THE NEW
 YORK CITY POLICE PENSION FUND, NORMAL RETIREMENT AGE SHALL BE THE AGE AT
 WHICH A MEMBER  COMPLETES  OR  WOULD  HAVE  COMPLETED  TWENTY  YEARS  OF
 SERVICE.
   § 2. Subdivision d of section 503 of the retirement and social securi-
 ty law, as amended by chapter 18 of the laws of 2012, is amended to read
 as follows:
   d.  The  normal  service  retirement benefit specified in section five
 hundred five of this article shall be paid to police/fire  members,  New
 York  city  uniformed  correction/sanitation  revised  plan  members and
 investigator revised plan members without regard to age upon  retirement
 after  twenty-two  years  of  service,  EXCEPT  THAT  THE NORMAL SERVICE
 RETIREMENT BENEFIT SPECIFIED IN SECTION FIVE HUNDRED FIVE OF THIS  ARTI-
 CLE  SHALL  BE  PAID  TO POLICE/FIRE MEMBERS OF THE NEW YORK CITY POLICE
 PENSION FUND, AFTER TWENTY YEARS OF SERVICE.   Early service  retirement
 shall  be  permitted  upon  retirement  after  twenty  years of credited
 service or attainment of age sixty-two, provided, however, that New York
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11368-02-3
              

co-Sponsors

2023-S7714A (ACTIVE) - Details

See Assembly Version of this Bill:
A7791
Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §§501, 503 & 505, R & SS L

2023-S7714A (ACTIVE) - Summary

Restores 20 year service retirement for New York city police officers.

2023-S7714A (ACTIVE) - Sponsor Memo

2023-S7714A (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  7714--A
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                             October 18, 2023
                                ___________
 
 Introduced by Sens. CHU, JACKSON, PERSAUD, SCARCELLA-SPANTON, SKOUFIS --
   read  twice  and  ordered printed, and when printed to be committed to
   the Committee on Rules  --  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 committee
 
 AN  ACT  to amend the retirement and social security law, in relation to
   the restoration of 20 year service retirement for New York city police
   officers
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Subdivision 17 of section 501 of the retirement and social
 security law, as amended by chapter 18 of the laws of 2012,  is  amended
 to read as follows:
   17.  "Normal  retirement  age"  shall  be  age  sixty-two, for general
 members, and the age at which a member completes or would have completed
 twenty-two years of service, for  police/fire  members,  New  York  city
 uniformed  correction/sanitation  revised  plan members and investigator
 revised plan members, EXCEPT THAT FOR POLICE/FIRE  MEMBERS  OF  THE  NEW
 YORK CITY POLICE PENSION FUND, NORMAL RETIREMENT AGE SHALL BE THE AGE AT
 WHICH  A  MEMBER  COMPLETES  OR  WOULD  HAVE  COMPLETED  TWENTY YEARS OF
 SERVICE.
   § 2. Subdivision d of section 503 of the retirement and social securi-
 ty law, as amended by chapter 18 of the laws of 2012, is amended to read
 as follows:
   d. The normal service retirement benefit  specified  in  section  five
 hundred  five  of this article shall be paid to police/fire members, New
 York city  uniformed  correction/sanitation  revised  plan  members  and
 investigator  revised plan members without regard to age upon retirement
 after twenty-two years  of  service,  EXCEPT  THAT  THE  NORMAL  SERVICE
 RETIREMENT  BENEFIT SPECIFIED IN SECTION FIVE HUNDRED FIVE OF THIS ARTI-

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11368-04-4
              

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Tanjirul_Islam
9 months ago

Honorable senator please support this bill

firefitindivr
9 months ago

We need this to pass. Myself and everyone I know supports it

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