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Bill

S 5564

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 Shelley Mayer

Bill S 5564 allows Port Chester to offer a 20-year retirement plan for a specific police officer, enhancing job satisfaction and potentially impacting village finances.

SUBSTITUTED BY A7007
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WeVote Research Nonpartisan
Bill Summary · S 5564

Summary of Bill S 5564

Bill Overview

Bill Number: S 5564
Title: Authorizes the village of Port Chester to offer an optional twenty-year retirement plan to a certain police officer employed by such village
Status: Substituted by A7007
Introduced On: February 25, 2025
Classification: Bill

Purpose and Intent

The primary purpose of Bill S 5564 is to provide the village of Port Chester with the authority to offer a specialized retirement plan to a specific police officer. This optional retirement plan would allow the officer to retire after twenty years of service, which is a significant reduction from the standard retirement age and service requirements typically in place.

Key Provisions

  • Optional Retirement Plan: The bill specifically allows the village to create a twenty-year retirement option for a designated police officer.
  • Eligibility: The bill does not specify the criteria for which police officer(s) would qualify for this retirement plan, but it implies that the plan is intended for a particular individual within the police department.

Impact

  • Affected Individuals: The primary beneficiary of this bill would be the police officer who is eligible for the optional retirement plan. This could potentially enhance job satisfaction and retention for officers considering retirement options.
  • Village of Port Chester: The village will have the discretion to implement this retirement plan, which may have budgetary implications depending on the financial structure of the retirement benefits.

Legislative Process

  • Introduced: The bill was introduced on February 25, 2025, and referred to the Committee on Civil Service and Pensions.
  • Committee Actions:
    • On May 27, 2025, the bill was reported and committed to the Finance Committee.
    • On June 4, 2025, it was discharged from committee and committed to the Rules Committee.
    • The bill was ordered to a third reading on the same day.
  • Substitution: On June 10, 2025, S 5564 was substituted by A7007, which is a companion bill that likely contains similar provisions or updates.

Related Bills

  • A 7007: This is the companion bill to S 5564 and may provide additional context or modifications to the proposed retirement plan.

Conclusion

Bill S 5564 represents a targeted legislative effort to enhance retirement options for a police officer in Port Chester, reflecting a broader trend of municipalities seeking to improve benefits for law enforcement personnel. The substitution by A7007 indicates ongoing legislative activity and potential refinements to the original proposal.

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

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