Assembly Bill A6062

Vetoed By Governor
2021-2022 Legislative Session

Relates to establishing a twenty-five year retirement plan for firefighters employed by the division of military and naval affairs

download bill text pdf

Sponsored By

Archive: Last Bill Status Via S4859 - Vetoed by Governor


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

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2021-A6062 (ACTIVE) - Details

See Senate Version of this Bill:
S4859
Law Section:
Retirement and Social Security Law
Laws Affected:
Add §89-x, amd §§445, 603 & 604, R & SS L
Versions Introduced in Other Legislative Sessions:
2019-2020: A7615, S5286
2023-2024: A5716, A9395, S5239, S9118

2021-A6062 (ACTIVE) - Summary

Establishes a twenty-five year retirement plan for firefighters employed by the division of military and naval affairs.

2021-A6062 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6062
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               March 8, 2021
                                ___________
 
 Introduced by M. of A. ABBATE -- read once and referred to the Committee
   on Governmental Employees
 
 AN  ACT  to amend the retirement and social security law, in relation to
   establishing a  twenty-five  year  retirement  plan  for  firefighters
   employed by the division of military and naval affairs

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The retirement and social security law is amended by adding
 a new section 89-x to read as follows:
   § 89-X. TWENTY-FIVE YEAR RETIREMENT PLAN FOR FIREFIGHTERS EMPLOYED  BY
 THE DIVISION OF MILITARY AND NAVAL AFFAIRS FIREFIGHTERS. A. A MEMBER WHO
 SERVES  AS  AN  AIRPORT  FIREFIGHTER  APPRENTICE, AIRPORT FIREFIGHTER I,
 AIRPORT FIREFIGHTER II, AIRPORT FIREFIGHTER III, OR TRAINING AND  SAFETY
 OFFICER  AND  IS  EMPLOYED BY THE DIVISION OF MILITARY AND NAVAL AFFAIRS
 SHALL BE ELIGIBLE TO RETIRE PURSUANT TO THE PROVISIONS OF THIS  SECTION.
 SUCH  ELIGIBILITY  SHALL BE AN ALTERNATIVE TO THE ELIGIBILITY PROVISIONS
 AVAILABLE UNDER ANY OTHER PLAN OF THIS ARTICLE TO WHICH SUCH  MEMBER  IS
 SUBJECT.
   B.  SUCH  MEMBER  SHALL  BE  ENTITLED TO RETIRE UPON THE COMPLETION OF
 TWENTY-FIVE YEARS OF TOTAL CREDITABLE SERVICE BY FILING  AN  APPLICATION
 THEREFOR IN THE MANNER PROVIDED FOR IN SECTION SEVENTY OF THIS ARTICLE.
   C.  UPON  COMPLETION  OF  TWENTY-FIVE  YEARS  OF SUCH SERVICE AND UPON
 RETIREMENT, EACH SUCH MEMBER SHALL RECEIVE  A  PENSION  WHICH,  TOGETHER
 WITH  AN  ANNUITY  WHICH SHALL BE THE ACTUARIAL EQUIVALENT OF HIS OR HER
 ACCUMULATED CONTRIBUTIONS AT THE TIME OF HIS OR HER  RETIREMENT  AND  AN
 ADDITIONAL  PENSION  WHICH  IS THE ACTUARIAL EQUIVALENT OF THE RESERVED-
 FOR-INCREASED-TAKE-HOME-PAY TO WHICH HE OR  SHE  MAY  THEN  BE  ENTITLED
 SHALL  BE  SUFFICIENT  TO PROVIDE HIM OR HER WITH A RETIREMENT ALLOWANCE
 EQUAL TO ONE-HALF OF HIS OR HER FINAL AVERAGE SALARY.
   D. AS USED IN THIS SECTION, "CREDITABLE SERVICE" SHALL INCLUDE ANY AND
 ALL SERVICES PERFORMED AS A FIREFIGHTER APPRENTICE, AIRPORT  FIREFIGHTER
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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