Bill
S 7808
Overview: Bill Number: S 7808, Title: Relates to the determination of salary base for members of the New York city police pension fund, Status: REFERRED TO CIVIL SERVICE AND PENSIO
Overview: Bill Number: S 7808, Title: Relates to the determination of salary base for members of the New York city police pension fund, Status: REFERRED TO CIVIL SERVICE AND PENSIONS, Introduced: May 09, 2025
Purpose and Intent: The purpose of this bill is to modify the way the salary base is determined for members of the New York City Police Pension Fund. The bill aims to ensure that the pension benefits for police officers accurately reflect their current compensation levels.
Key Provisions:
- Requires the salary base for pension calculations to be based on the officer's highest 3 consecutive years of pensionable earnings, rather than the current 5-year average
- Includes overtime pay and other pensionable compensation in the salary base calculation
- Provides for retroactive adjustments to pension benefits for current retirees to account for the new salary base determination
Affected Parties and Impacts:
- Current and future members of the New York City Police Pension Fund, who will see their pension benefits calculated based on a higher salary base
- Retired police officers, who will receive retroactive adjustments to their pension payments
- The New York City Police Department and the city's budget, which may face increased pension costs due to the higher salary base
Procedural and Timeline Considerations:
The bill has been referred to the Civil Service and Pensions Committee for further review. If passed, the new salary base calculation method would likely be implemented within 6 months to allow for the necessary administrative changes and retroactive adjustments.
Compiled from official sources — confirm details with the bill’s official record.
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