Senate Bill S9538

2023-2024 Legislative Session

Authorizes active members of the New York state and local police and fire retirement system to purchase service credit for service with the Long Island Railroad Company police department

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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2023-S9538 (ACTIVE) - Details

Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement

2023-S9538 (ACTIVE) - Summary

Authorizes active members of the New York state and local police and fire retirement system to purchase service credit for service with the Long Island Railroad Company police department.

2023-S9538 (ACTIVE) - Sponsor Memo

2023-S9538 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9538
 
                             I N  S E N A T E
 
                               May 16, 2024
                                ___________
 
 Introduced  by  Sen.  WEIK  --  read twice and ordered printed, and when
   printed to be committed to the Committee on Civil Service and Pensions
 
 AN ACT in relation to authorizing active members of the New  York  state
   and local police and fire retirement system to purchase service credit
   for service with the Long Island Railroad Company police department

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Notwithstanding any other  provision  of  law,  any  active
 member of the New York state and local police and fire retirement system
 who  was  a  former  police  officer of the Long Island Railroad company
 police department shall be eligible to apply to  purchase  up  to  three
 years  of  service credit for such employment if, within one year of the
 effective date of this act, the member shall (1) file a written  request
 to that effect with such retirement system; and (2) shall pay to the New
 York  state  and  local police and fire retirement system a sum equal to
 the product of the number of years of service being  claimed  and  three
 percent of such member's compensation earned during the twelve months of
 credited  service  immediately  preceding  the date that the member made
 application for credit pursuant to this section. Such members shall have
 at least five years of credited service, not including service  credited
 by  this section, to be eligible to receive the credit authorized pursu-
 ant to this section.
   § 2. All past service costs attributable to the implementation of this
 act shall be borne by the state of New York.
   § 3. This act shall take effect immediately.
   FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
   This bill would allow active members of the New York State  and  Local
 Police  and  Fire  Retirement  System (NYSLPFRS) to purchase up to three
 years of service credit for time rendered as a  police  officer  in  the
 Long  Island  Railroad  company  police department. Members must have at
 least five years of credited service (not including Long Island Railroad
 company police department service). Under current law, service with  the
 Long Island Railroad Company must be credited in the Metropolitan Trans-
 portation  Authority  police  retirement program before it can be trans-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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