S T A T E O F N E W Y O R K
________________________________________________________________________
8942--A
2025-2026 Regular Sessions
I N A S S E M B L Y
July 16, 2025
___________
Introduced by M. of A. PHEFFER AMATO, STECK -- read once and referred to
the Committee on Governmental Employees -- recommitted to the Commit-
tee on Governmental Employees in accordance with Assembly Rule 3, sec.
2 -- 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
providing retirement credit to emergency medical technicians and
advanced emergency medical technicians for a child care leave of
absence
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 609 of the retirement and social security law is
amended by adding a new subdivision i to read as follows:
I. NOTWITHSTANDING ANY OTHER LAW OR CODE PROVISION THAT PROHIBITS A
MEMBER FROM RECEIVING RETIREMENT CREDIT FOR ANY PERIOD DURING WHICH THE
MEMBER WAS ABSENT ON LEAVE WITHOUT PAY, INCLUDING BUT NOT LIMITED TO,
SUBDIVISION C OF THIS SECTION, ANY EMT MEMBER, AS DEFINED IN PARAGRAPH
TWO OF SUBDIVISION A OF SECTION FOUR HUNDRED FORTY-FIVE-E OF THIS CHAP-
TER AND PARAGRAPH ONE OF SUBDIVISION A OF SECTION SIX HUNDRED FOUR-E OF
THIS ARTICLE, AS ADDED BY CHAPTER FIVE HUNDRED SEVENTY-SEVEN OF THE LAWS
OF TWO THOUSAND, WHO IS ABSENT WITHOUT PAY FOR A CHILD CARE LEAVE OF
ABSENCE PURSUANT TO THE TERMS OF A COLLECTIVE BARGAINING AGREEMENT
COVERING THE EMT MEMBER SHALL BE ELIGIBLE FOR CREDIT FOR SUCH PERIOD OF
CHILD CARE LEAVE PROVIDED SUCH MEMBER FILES A CLAIM FOR SUCH SERVICE
CREDIT WITH THE PENSION FUND BY DECEMBER THIRTY-FIRST, TWO THOUSAND
TWENTY-SIX OR WITHIN NINETY DAYS FOLLOWING TERMINATION OF THE CHILD CARE
LEAVE, WHICHEVER IS LATER, AND CONTRIBUTES TO THE PENSION FUND AN AMOUNT
WHICH SUCH MEMBER WOULD HAVE CONTRIBUTED DURING THE PERIOD OF SUCH CHILD
CARE LEAVE, TOGETHER WITH INTEREST THEREON. SERVICE CREDIT PROVIDED
PURSUANT TO THIS SUBDIVISION SHALL NOT EXCEED ONE YEAR OF CREDIT FOR
EACH PERIOD OF AUTHORIZED CHILD CARE LEAVE.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11193-08-6
A. 8942--A 2
§ 2. This act shall take effect immediately.
FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
SUMMARY: This proposed legislation would permit Emergency Medical
Technicians of the New York City Employees' Retirement System (NYCERS)
to apply for and purchase up to one year of service credit for each
period of authorized unpaid childcare leave.
ILLUSTRATION - INCREASE (DECREASE) IN EMPLOYER CONTRIBUTIONS
by Fiscal Year for the first 25 years ($)
Year One Year of One Year of Service
Service Purchased Purchased Per Year
2027 600 600
2028 600 1,300
2029 600 1,900
2030 600 2,600
2031 600 3,300
2032 600 4,000
2033 600 4,800
2034 600 5,600
2035 600 6,300
2036 600 7,200
2037 600 8,000
2038 600 8,900
2039 600 9,800
2040 600 10,700
2041 0 11,000
2042 0 11,300
2043 0 11,700
2044 0 12,000
2045 0 12,400
2046 0 12,700
2047 0 13,100
2048 0 13,500
2049 0 13,900
2050 0 14,300
2051 0 14,800
Employer contribution impact beyond Fiscal Year 2051 is not shown.
The potential increases in employer contributions will be allocated to
New York City.
PRESENT VALUE OF BENEFITS: The Present Value of Benefits is the
discounted expected value of benefits paid to current members if all
assumptions are met, including future service accrual and pay increases.
Future new hires are not included in this present value.
INITIAL INCREASE (DECREASE) IN ACTUARIAL PRESENT VALUES
as of June 30, 2025 ($)
Present Value (PV) Per Year of Service
(1) PV of Employer Contributions: 5,300
(2) PV of Employee Contributions: 5,300
Total PV of Benefits (1) + (2): 10,600
A. 8942--A 3
UNFUNDED ACCRUED LIABILITY (UAL): Actuarial Accrued Liabilities are the
portion of the Present Value of Benefits allocated to past service.
Changes in UAL per incident would be recognized as ongoing gain/loss.
AMORTIZATION OF UNFUNDED ACCRUED LIABILITY
Recognized as Ongoing Gain/Loss Per Year of Service
Increase (Decrease) in UAL: 5,300
Number of Payments: 14
Amortization Payment: 600
CENSUS DATA: The number of members who will benefit in the future from
this proposed legislation is unknown. The estimates presented herein are
based on preliminary census data collected as of June 30, 2025. The
census data for the potentially impacted population used to develop the
average costs is summarized below.
NYCERS
Active Members
- Number Count: 4,042
- Average Age: 37.2
- Average Service (before purchase): 9.8
- Average Salary: 77,200
IMPACT ON MEMBER BENEFITS: Currently, Emergency Medical Technician (EMT)
members of NYCERS are not able to purchase service credit for periods
while on authorized unpaid childcare leave.
Under the proposed legislation, EMT members would be eligible to
purchase up to one year of service credit for each period of authorized
unpaid childcare leave, provided that they file a claim within 90 days
of the termination of such leave (or by December 31, 2026, if later) and
pay the amount that would have been contributed during such leave, with
interest.
ASSUMPTIONS AND METHODS: The estimates presented herein have been calcu-
lated based on the Revised 2021 Actuarial Assumptions and Methods of the
impacted retirement systems.
The number of members who will benefit from this proposed legislation is
unknown. The cost of this proposed legislation could vary greatly
depending on the number of future members who benefit and on their
length of service, age, and salary history.
RISK AND UNCERTAINTY: The costs presented in this Fiscal Note depend
highly on the actuarial assumptions, methods, and models used, demo-
graphics of the impacted population, and other factors such as invest-
ment, contribution, and other risks. If actual experience deviates from
actuarial assumptions, the actual costs could differ from those
presented herein. Quantifying these risks is beyond the scope of this
Fiscal Note.
This Fiscal Note is intended to measure pension-related impacts and does
not include other potential costs (e.g., administrative and Other
Postemployment Benefits). This Fiscal Note does not reflect any chapter
laws that may have been enacted during the current legislative session.
STATEMENT OF ACTUARIAL OPINION: Marek Tyszkiewicz and Gregory Zelikovsky
are members of the Society of Actuaries and the American Academy of
Actuaries. We are members of NYCERS, but do not believe it impairs our
objectivity, and we meet the Qualification Standards of the American
Academy of Actuaries to render the actuarial opinion contained herein.
To the best of our knowledge, the results contained herein have been
A. 8942--A 4
prepared in accordance with generally accepted actuarial principles and
procedures and with the Actuarial Standards of Practice issued by the
Actuarial Standards Board.
FISCAL NOTE IDENTIFICATION: This Fiscal Note 2026-80 dated May 8, 2026
was prepared by the Chief Actuary for the New York City Retirement
Systems and Pension Funds and is intended for use only during the 2026
Legislative Session.