S.5053B / A.8178B Allows Experienced NYPD Officers To Continue Serving Until Age 65
S.7808A / A.8322A Expands Eligibility for Pension Parity to More NYPD Officers
Governor Kathy Hochul today signed two pieces of legislation to support members of the New York City Police Department (NYPD) by allowing experienced officers to serve longer and strengthening pension benefits for officers who have dedicated their careers to keeping New Yorkers safe.
“New York needs our police officers, and when experienced officers want to continue serving, we want them to stay on the job,” Governor Hochul said. “I'm signing these bills to give our officers the opportunity to serve longer while ensuring their retirement benefits reflect their commitment to New York City. Their service is essential to the safety of our communities, and these bills recognize everything they do for New Yorkers.”
NYPD Commissioner Jessica S. Tisch said, “To have a safe city, we must have the best and most experienced police officers who are committed to public service. When this department was facing a staffing shortage, we worked with our partners across government to open more pathways for talented people to join and stay on the job. This legislation will help improve retention and ensure our officers get what they deserve for their years of sacrifice and hard work. I thank Governor Hochul for continuing to support the NYPD.”
S.5053B/A.8178B raises the mandatory retirement age from 63 to 65 for eligible Tier 2 and Tier 3 NYPD officers. The change allows experienced and highly-trained officers who would otherwise be required to retire to continue serving.
S.7808A/A.8322A allows Tier 2 officers who began service on or after July 1, 2000 to base their pension on either their final 12 months of pay or the average of their three highest-earning years, whichever is higher. Previously, only Tier 2 officers who began service before July 1, 2000 were provided with that option.
No comments:
Post a Comment