Bill Text: NY A05202 | 2023-2024 | General Assembly | Introduced

New York Assembly Bill 5202

NOTE: There are more recent revisions of this legislation. Read Latest Draft

Bill Title: Provides for the pension benefits for first grade police officers of the city of New York who have served for 25 or 30 years.

Spectrum: Partisan Bill (Democrat 10-0)

Status: (Introduced) 2024-01-22 - print number 5202b [A05202 Detail]

Download: New_York-2023-A05202-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          5202

                               2023-2024 Regular Sessions

                   IN ASSEMBLY

                                      March 6, 2023
                                       ___________

        Introduced  by  M.  of A. PHEFFER AMATO -- read once and referred to the
          Committee on Governmental Employees

        AN ACT to amend the general municipal law, in relation to the  pensiona-
          ble earnings of first grade police officers

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. The general municipal law is   amended by  adding    a  new
     2  section 209-ffff to read as follows:
     3    § 209-ffff. Pensionable earnings; first grade police officers. 1. When
     4  a  first  grade  police  officer shall have served in the rank of police
     5  officer for a period of twenty-five years, he or she shall have the same
     6  rights in respect to the New  York  state  and  local  police  and  fire
     7  retirement  system as a police officer designated to act as detective of
     8  the third grade who shall have served as  such  for  a  period  of  time
     9  aggregating  two years at the highest salary rate for a detective of the
    10  third grade.
    11    2. When a first grade police officer shall have served in the rank  of
    12  police  officer  for  a period of thirty years, he or she shall have the
    13  same rights in respect to the New York state and local police  and  fire
    14  retirement  system  as  a  sergeant  who shall have served as such for a
    15  period of time aggregating two years at the highest salary  rate  for  a
    16  sergeant.
    17    § 2. This act shall take effect immediately.



         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04845-01-3