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Bill

S 7363

Relates to authorizing service credit in an optional twenty year retirement plan for state university police, regional state park police and detective attorney general investigator service

2025 Regular Session Introduced by Siela Bynoe and 1 co-sponsor

S 7363 allows state university police, regional state park police, and detective attorney general investigators to buy service credit in an optional twenty-year retirement plan.

REFERRED TO CIVIL SERVICE AND PENSIONS
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Bill Summary · S 7363

Summary of Bill S 7363

Overview

Bill S 7363 would authorize service credit in an optional twenty-year retirement plan for certain state security and investigative personnel. Specifically, the measure applies to state university police, regional state park police, and detective attorney general investigators. The bill is currently in the early legislative stage and has been referred to the Civil Service and Pensions committee.

Purpose and Intent

  • To authorize participation in an optional twenty-year retirement plan by the specified categories of law enforcement and investigative staff.
  • The aim is to provide those employees with access to service credit under the designated optional retirement option, potentially affecting retirement eligibility and benefits.

Key Provisions (as described by the bill’s title and status)

  • Authorization of service credit in an optional twenty-year retirement plan for:
    • State university police
    • Regional state park police
    • Detective attorney general investigators
  • Details such as eligibility criteria, cost to participants, funding arrangements, purchase rules, vesting, and impact on pension calculations would be specified in the bill’s text and implementing regulations.

Affected Parties and Impact

  • Affected Groups:
    • Employees in state university police
    • Regional state park police
    • Detective attorney general investigators
  • Potential Impacts:
    • Changes to retirement options and potential benefit levels for the specified roles
    • Implications for employee contributions, employer funding, and long-term retirement costs
    • Administrative adjustments within the relevant retirement and civil service systems

Procedural History and Timeline

  • Introduced: April 11, 2025
  • Status: Referred to the Civil Service and Pensions committee (listed twice in actions)
  • Current phase: Committee review; no floor action or final passage date determined yet

Sponsors and Related Legislation

  • Primary Sponsor: Siela Bynoe
  • Cosponsor: Leroy Comrie
  • Related/Broader Context:
    • Prior-session bills: S 5492, S 5109, S 7108
    • Companion Assembly measure: A 8085 (listed as a companion)

Next Steps

  • Monitor committee hearings and potential amendments in the Civil Service and Pensions committee.
  • If advanced, the bill would progress through legislative stages (Senate floor, then House/assembly consideration, and potential governor action) with further analyses on fiscal impact and implementation details.

If you’d like, I can compare S 7363 to its related bills (S 5492, S 5109, S 7108, A 8085) to highlight similarities or differences in scope and approach.

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

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