New YorkLater-hired New York City officers use earlier hires' pension salary calculation
New York City police pension fund members hired on or after July 1, 2000 would have their salary base calculated like that of earlier hires when they retire.
What it does
The salary base for pension calculations must be determined the same way for covered later hires as for members hired before July 1, 2000.
Argument forUsing the same salary calculation for newer and older hires could make pension rules more consistent for police officers retiring after the law takes effect.
Argument againstA shared salary calculation could change pension amounts for later hires, making retirement payments less predictable for members and the pension fund.
More detail
The salary base for covered members must be calculated the same way as for members hired before July 1, 2000. This applies to New York City police pension fund members whose police department employment began on or after July 1, 2000 and to whom this article applies. The act takes effect immediately and applies to covered members who retire on or after its effective date.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Sep 28SIGNED CHAP.312Became Law
- Sep 28DELIVERED TO GOVERNORTo Governor
- Jun 4RETURNED TO SENATE
- Vote recorded Assembly Vote. Result: pass.Lower
- Jun 4PASSED ASSEMBLYPassed 2nd Chamber
- Jun 4HOME RULE REQUEST
- Jun 4ORDERED TO THIRD READING RULES CAL.492
- Jun 4SUBSTITUTED FOR A8322A
- Jun 1REFERRED TO WAYS AND MEANSMinor
- Vote recorded Rules Vote - Version: A. Result: pass.Upper
- Vote recorded Floor Vote - Version: A. Result: pass.Upper
- Jun 1DELIVERED TO ASSEMBLY
- Jun 1PASSED SENATEPassed 1st Chamber
- Jun 1HOME RULE REQUEST
- Jun 1ORDERED TO THIRD READING CAL.1473
- Jun 1COMMITTEE DISCHARGED AND COMMITTED TO RULESMinor
- Mar 10REPORTED AND COMMITTED TO FINANCEMinor
- Vote recorded Civil Service And Pensions Vote - Version: A. Result: pass.Upper
- Feb 18PRINT NUMBER 7808AMajor
- Feb 18AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONSMajor
- Jan 7REFERRED TO CIVIL SERVICE AND PENSIONSMinor
- 2025
- May 9REFERRED TO CIVIL SERVICE AND PENSIONSIntroduced
Government & EthicsNational Security