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A 7007

Authorizes the village of Port Chester to offer an optional twenty-year retirement plan to a certain police officer employed by such village

2025 Regular Session Introduced by Steve Otis

Bill Summary: A 7007 - Village of Port Chester Police Retirement Plan OverviewThis bill authorizes the village of Port Chester, New York to offer a special 20-year retirement plan

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Bill Summary · A 7007

Bill Summary: A 7007 - Village of Port Chester Police Retirement Plan

Overview

This bill authorizes the village of Port Chester, New York to offer a special 20-year retirement plan option to a certain police officer employed by the village. The bill provides a specific exception to allow this retirement plan for the individual officer.

Key Provisions

  • Allows the village of Port Chester to offer a 20-year retirement plan to a specific police officer employed by the village.
  • Establishes that this officer would be eligible to retire with a pension after 20 years of service, rather than the standard 25-year requirement.
  • Specifies that the pension for this officer under the 20-year plan would be calculated using the same formula as the standard 25-year plan.
  • Requires the police officer to make the same pension contributions as those on the standard 25-year plan.
  • States that this special retirement plan option is only available to the one identified police officer and does not set a precedent for other officers.

Impact

  • This bill provides a unique retirement option for a single police officer employed by the village of Port Chester.
  • It allows this officer to retire 5 years earlier than the standard 25-year requirement, while still receiving the same pension calculation.
  • The early retirement plan may benefit the officer's personal circumstances, but does not change the village's overall pension obligations or costs.
  • The legislation is narrowly tailored to apply only to this one identified police officer and does not establish a broader policy change.

Timeline

  • The bill was introduced in the New York State Assembly on March 18, 2025.
  • It passed both the Assembly and Senate, and was signed into law by the Governor on June 1, 2025.
  • The new 20-year retirement plan option will be available for the eligible Port Chester police officer immediately upon the law taking effect.

Compiled from official sources — confirm details with the bill’s official record.

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