New York A 5767: Authorizes an optional twenty-five year retirement plan for uniformed court officers and peace officers employed by the unified court system

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A05767 Summary:

BILL NOA05767 

&nbsp

SAME ASSAME AS S04581

&nbsp

SPONSORPheffer Amato

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Add §89-y, amd §§445, 603, 503 & 604, R & SS L

&nbsp

Authorizes an optional twenty-five year retirement plan for uniformed court officers and peace officers employed by the unified court system.

Go to top A05767 Actions:

BILL NOA05767 

&nbsp

02/20/2025referred to governmental employees

01/07/2026referred to governmental employees

Go to topA05767 Committee&nbspVotes:

Go to topA05767 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA05767 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5767

 2025-2026 Regular Sessions

 IN ASSEMBLY

 February 20, 2025
 ___________

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

 AN ACT to amend the retirement and social security law, in relation to
 authorizing an optional twenty-five year retirement plan for uniformed
 court officers and peace officers employed by the unified court system

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

 1 Section 1. The retirement and social security law is amended by adding
 2 a new section 89-y to read as follows:
 3 § 89-y. Retirement of uniformed court officers and peace officers
 4 employed by the unified court system. a. Any member who is a uniformed
 5 court officer or a peace officer employed by the unified court system
 6 shall be eligible to retire pursuant to the provisions of this section.
 7 Such eligibility shall be an alternative to the eligibility provisions
 8 available under any other plan of this article to which such member is
 9 subject.
 10 b. Such member shall be entitled to retire upon the completion of
 11 twenty-five years of total creditable service by filing an application
 12 therefor in the manner provided for in section seventy of this article.
 13 c. Upon completion of twenty-five years of such service and upon
 14 retirement, each such member shall receive a pension which, together
 15 with an annuity which shall be the actuarial equivalent of such member's
 16 accumulated contributions at the time of their retirement and an addi-
 17 tional pension which is the actuarial equivalent of the reserved-for-in-
 18 creased-take-home-pay to which such member may then be entitled shall be
 19 sufficient to provide such member with a retirement allowance equal to
 20 one-half of such member's final average salary.
 21 d. As used in this section "creditable service" shall include any and
 22 all services performed as a uniformed court officer or a peace officer
 23 for the unified court system.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD01273-02-5

 A. 5767 2

 1 e. Credit for service as a member or officer of the state police or as
 2 a paid firefighter, police officer or officer of any organized fire
 3 department or police force or department of any county, city, village,
 4 town, fire district or police district, shall also be deemed to be cred-
 5 itable service and shall be included in computing years of total service
 6 for retirement pursuant to this section, provided such service was
 7 performed by the member while contributing to the retirement system
 8 pursuant to the provisions of this article or article eight of this
 9 chapter.
 10 f. A member contributing on the basis of this section at the time of
 11 retirement, shall retire after the completion of twenty-five years of
 12 total creditable service. Application therefor may be filed in a manner
 13 similar to that provided in section seventy of this article. Upon
 14 completion of twenty-five years of such service and upon retirement,
 15 each such member shall receive a pension which, together with an annuity
 16 which shall be the actuarial equivalent of such member's accumulated
 17 contributions at the time of their retirement and an additional pension
 18 which is the actuarial equivalent of the reserve-for-increased-take-
 19 home-pay to which such member may then be entitled shall be sufficient
 20 to provide such member with a retirement allowance equal to one-half of
 21