WeVote
Log In

Bill

Bill

S 7114

Relates to obtaining military credit for members of the New York state and local police and fire retirement system, the New York city police pension fund, and the New York city fire pension fund

2025 Regular Session Introduced by Jake Ashby and 6 co-sponsors

Bill S 7114 allows New York police and fire personnel to receive retirement credit for military service, enhancing their benefits and promoting fairness in retirement calculations.

PRINT NUMBER 7114B
0
WeVote Research Nonpartisan
Bill Summary · S 7114

Summary of Bill S 7114

Overview

Bill S 7114 aims to enhance the retirement benefits for members of the New York State and local police and fire retirement system by allowing them to obtain military credit. This provision is intended to recognize the service of those who have served in the military and subsequently joined the police or fire services.

Purpose and Intent

The primary purpose of S 7114 is to provide an avenue for police and fire personnel to receive credit for their military service when calculating retirement benefits. This initiative acknowledges the sacrifices made by military personnel and seeks to ensure that their service is reflected in their retirement calculations, thereby promoting fairness and equity in the retirement system.

Key Provisions

  • Military Credit Eligibility: The bill allows members of the New York State and local police and fire retirement system to claim credit for their military service.
  • Retirement Benefit Calculation: The military service credit will be factored into the calculation of retirement benefits, potentially increasing the total benefits received by eligible members.
  • Implementation Guidelines: The bill outlines the necessary steps and documentation required for members to apply for military credit, ensuring a clear process for those seeking to benefit from this provision.

Affected Parties

  • Members of the Police and Fire Retirement System: Active and retired members of the New York State and local police and fire departments who have also served in the military will be directly affected by this bill.
  • State and Local Governments: The financial implications of increased retirement benefits may affect budgeting and funding for police and fire departments at both state and local levels.

Legislative Timeline

  • Introduced: April 01, 2025
  • Referred to Civil Service and Pensions: April 01, 2025
  • Reported and Committed to Finance: April 29, 2025

Related Legislation

  • S 7540: A related bill from the prior session that may address similar issues regarding military credit.
  • A 7827: A companion bill in the Assembly that aligns with the objectives of S 7114, indicating cross-chamber support for the initiative.

Conclusion

Bill S 7114 represents a significant step towards recognizing the contributions of military veterans who serve in law enforcement and firefighting roles. By allowing military service to count towards retirement benefits, the bill seeks to enhance the financial security of these dedicated public servants. The ongoing legislative process will determine the final outcome and implementation of this important measure.

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

Sign in to ask a question.