A 3972 New York Assembly · 2025 Regular Session

Relates to eligibility for ordinary disability benefits and re-employment of disability retirees of the New York city police pension fund Tier III plans

Summary

Modifies eligibility for ordinary disability benefits and re-employment of disability retirees of the New York city police pension fund Tier III plans.

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 30, 2025 Last action Mar 24, 2026

Maddy AI version diff · 1 comparison

What changed between versions

A3972 → A3972A · 5 edits

MODERATE

This bill revision updates the fiscal projections and actuarial data for a retirement law amendment affecting New York City police officers. The changes reflect updated cost estimates and census data from 2025, showing increased employer contribution impacts and adjusted benefit present values compared to the original 2024 projections.

Scope change

The bill's scope remains focused on modifying Ordinary Disability Retirement eligibility for Tier 3 police members, but the fiscal impact data has been updated to reflect current year estimates.

FISCAL

Employer contribution impact estimates were updated from 2024 baseline to 2025 projections, with 2026 removed and 2027-2051 added, showing slightly higher projected costs across the timeline.

Actuarial present values for employer contributions increased from $103.5 million to $114.5 million, reflecting updated financial assumptions as of June 30, 2025.

TECHNICAL

New census data section added showing current police force statistics: 23,938 active members with average age of 33.5 and average service of 6.7 years.

Amortization of unfunded accrued liability updated to show a $23.4 million increase spread over 16 payments, resulting in $2.6 million annual payments.

TIMELINE

Fiscal year projections shifted forward by one year, with 2026 removed and 2027 as the first projected year, extending projections through 2051.

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Mar 24, 2026

Lower · Passed

PRINT NUMBER 3972A

lower

Mar 24, 2026

Lower · Passed

AMEND AND RECOMMIT TO GOVERNMENTAL EMPLOYEES

lower

Jan 7, 2026

Committee

REFERRED TO GOVERNMENTAL EMPLOYEES

lower

Jan 30, 2025

Committee

REFERRED TO GOVERNMENTAL EMPLOYEES

lower

1 primary · 0 co-sponsors