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Bill

A 8322

Relates to the determination of salary base for members of the New York city police pension fund

2025 Regular Session Introduced by Stacey Pheffer Amato

Bill A 8322 clarifies salary base calculations for NYC Police Pension Fund members, ensuring fair retirement benefits that reflect actual earnings and job changes.

REFERRED TO GOVERNMENTAL EMPLOYEES
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Bill Summary · A 8322

Summary of Bill A 8322

Bill Information

  • Bill Number: A 8322
  • Title: Relates to the determination of salary base for members of the New York City Police Pension Fund
  • Status: Referred to Governmental Employees
  • Introduced: May 13, 2025
  • Classification: Bill

Purpose and Intent

Bill A 8322 aims to clarify and potentially modify the methodology used to determine the salary base for members of the New York City Police Pension Fund. The intent behind this legislation is to ensure that the salary calculations are fair, transparent, and reflective of the actual earnings of police officers, which can impact their retirement benefits.

Key Provisions

  • Salary Base Determination: The bill proposes specific criteria and guidelines for calculating the salary base that will be used in determining pension benefits for police officers.
  • Adjustment Mechanisms: It may include provisions for adjusting the salary base in response to changes in job responsibilities, promotions, or other relevant factors that could affect an officer's earnings.
  • Transparency Requirements: The bill may mandate regular reporting and transparency measures to ensure that the salary base determination process is clear and accessible to all stakeholders.

Who Would Be Affected

  • Members of the New York City Police Pension Fund: The primary beneficiaries of this bill would be current and future members of the police force who are part of the pension fund. Changes to the salary base could directly impact their retirement benefits.
  • City Budget and Financial Planning: The bill could also have implications for the city’s budget, as changes in pension calculations may affect overall pension liabilities.

Procedural Aspects

  • Current Status: As of May 13, 2025, the bill has been referred to the Governmental Employees Committee for further consideration.
  • Related Legislation: This bill is related to prior session Bill A 6403 and has a companion bill in the Senate, S 7808, which may address similar issues regarding pension calculations.

Conclusion

Bill A 8322 seeks to enhance the fairness and accuracy of pension calculations for members of the New York City Police Pension Fund. By establishing clear guidelines for salary base determination, the bill aims to protect the interests of police officers and ensure that their retirement benefits are reflective of their service and contributions. The bill is currently under review by the Governmental Employees Committee, and its progress will be closely monitored by stakeholders in the law enforcement community and city government.

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

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