New York S 7004: Relates to providing state correction officers with a special optional twenty year retirement plan

Bill Text

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S07004 Summary:

BILL NOS07004A

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SAME ASSAME AS A07925-A

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SPONSORHELMING

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COSPNSRASHBY, BORRELLO, CHAN, GALLIVAN, MATTERA, MURRAY, OBERACKER, ORTT, RHOADS, ROLISON, RYAN C, WALCZYK

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MLTSPNSR

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Add Art 14-C §§561 - 564, R & SS L

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Relates to providing state correction officers with a special optional twenty year retirement plan.

Go to top S07004 Actions:

BILL NOS07004A

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03/28/2025REFERRED TO CIVIL SERVICE AND PENSIONS

01/07/2026REFERRED TO CIVIL SERVICE AND PENSIONS

02/24/2026AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS

02/24/2026PRINT NUMBER 7004A

Go to topS07004 Committee&nbspVotes:

Go to topS07004 Floor&nbspVotes:

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

Go to topS07004 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7004--A

 2025-2026 Regular Sessions

 IN SENATE

 March 28, 2025
 ___________

 Introduced by Sens. HELMING, ASHBY, BORRELLO, CHAN, GALLIVAN, MATTERA,
 MURRAY, OBERACKER, RHOADS, ROLISON, WALCZYK -- read twice and ordered
 printed, and when printed to be committed to the Committee on Civil
 Service and Pensions -- recommitted to the Committee on Civil Service
 and Pensions in accordance with Senate Rule 6, sec. 8 -- 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 state correction officers with a special optional twenty
 year retirement plan

 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 article 14-C to read as follows:
 3 ARTICLE 14-C
 4 OPTIONAL RETIREMENT PLAN FOR STATE CORRECTION OFFICERS
 5 Section 561. Definitions.
 6 562. Optional twenty year retirement plan for certain state
 7 correction officers.
 8 563. Additional pension benefit for members of optional twenty
 9 year retirement plan.
 10 564. Consistent provisions.
 11 § 561. Definitions. For purposes of this article:
 12 (a) "Member" shall mean a person who is employed as a state correction
 13 officer or other state employee who is engaged directly in correction
 14 officer duties.
 15 (b) "Retirement system" shall mean the New York state and local
 16 employees' retirement system.
 17 (c) "Creditable service" shall include any and all services performed
 18 as a state correction officer. Credit for service as a member or officer
 19 of the state police or as a paid firefighter, police officer or officer

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD01334-04-6

 S. 7004--A 2

 1 of any organized fire department or police force or department of any
 2 county, city, village, town, fire district or police district, shall
 3 also be deemed to be creditable service and shall be included in comput-
 4 ing years of total service for retirement pursuant to this section,
 5 provided such service was performed by the member while contributing to
 6 the retirement system pursuant to the provisions of this article or
 7 article eight of this chapter.
 8 § 562. Optional twenty year retirement plan for certain state
 9 correction officers. (a) Any member of the retirement system may elect
 10 to become a member pursuant to the provisions of this section within one
 11 year after the effective date of this article or within one year after
 12 such person becomes a member.
 13 (b) Elections made pursuant to this section shall be in writing and
 14 shall be duly acknowledged and filed with the comptroller. Any member
 15 who files such an election pursuant to this section may withdraw it
 16 after it has been filed for at least a year. Such withdrawal shall be by
 17 written notice duly acknowledged and filed with the comptroller.
 18 (c) A member participating on the basis of this section at the time of
 19 retirement shall be entitled to retire after the completion of twenty
 20 years of total creditable service or upon the attainment of age sixty-
 21 two, by filing an application therefor in a manner similar to that
 22 provided in this chapter.
 23 (i) Upon completion of twenty years of such service and upon retire-
 24 me