Relates to first grade firefighters and promotions from the firefighter rank

This bill introduces longevity bonuses for New York City firefighters who retire after 25 years of service. It directly affects firefighters in the New York City Fire Department who meet the service requirement and choose to retire. Under the new provisions, eligible retirees receive an initial 5% of their highest retirement pay added to their pension calculation, with an additional 1% for each year of service beyond 25 years up to a maximum of 15% at 35 years. The changes apply to pension benefit computations and take effect immediately upon passage.