A 8593 New York Assembly · 2025 Regular Session

Increases the amount of years of military service credit a member may purchase

Summary
Increases the amount of years of military service credit a member may purchase from three years to four years; provides that the provisions of such act shall not be subject to the requirement that the state shall make an equal payment to the retirement system.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
Governor
Introduced May 21, 2025 Last action Mar 10, 2026
Maddy AI version diff · 1 comparison

What changed between versions

A8593 A8593A · 9 edits
MAJOR
This bill was amended to update its sponsor list and significantly revise the fiscal impact analysis. The most important change is the update of the fiscal note, which now reflects 2025 data and revised cost estimates for the retirement system, changing the projected past service cost percentages for different employee tiers.
Scope change
The scope of the bill's substantive policy regarding military service credit remains unchanged; however, the financial scope of the impact analysis was updated to reflect current membership data and new actuarial assumptions.
REQUIREMENT

Added Kassay, Stern, and O'Pharrow to the list of bill sponsors, indicating a change in legislative support or coalition.

TECHNICAL

Updated the bill title from 'A 8593' to 'A 8593--A' to reflect that it has been amended and reprinted.

Adjusted the reference date for membership data and fiscal estimates from March 2024/December 2024 to March 2025/December 2025.

Updated the fiscal note date from March 24, 2025 to February 4, 2026, and the session reference from the 2025 Legislative Session to the 2026 Legislative Session.

Revised the certification language in the fiscal note to clarify the actuary's membership status in NYSLRS and their objectivity.

FISCAL

Replaced the old fiscal note with a new one containing updated cost estimates based on 2025 data, altering the projected percentage of compensation costs for various employee tiers.

Changed the funding responsibility for NYSLERS from 'State and local participating employers' to 'all participating employers' in NYSLERS.

Updated the estimated past service cost for NYSLERS Tiers 1-4 from 18% to 23%, Tier 5 from 15% to 17%, and Tier 6 from 6% to 14%.

Updated the estimated past service cost for NYSLPFRS from 23% (20% for Tier 6) to 28% (25% for Tier 6).

Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
5
Key actions
2
Committee
3
Amendments
2
Mar 10, 2026
Committee
REPORTED REFERRED TO WAYS AND MEANS
lower
Feb 6, 2026
Lower · Passed
PRINT NUMBER 8593A
lower
Feb 6, 2026
Lower · Passed
AMEND AND RECOMMIT TO GOVERNMENTAL EMPLOYEES
lower
Jan 7, 2026
Committee
REFERRED TO GOVERNMENTAL EMPLOYEES
lower
May 21, 2025
Committee
REFERRED TO GOVERNMENTAL EMPLOYEES
lower
1 primary · 9 co-sponsors

Sponsors