S 6840 New York Senate · 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.

Issues: ✓ Veterans

Bill status in committee 1 of 4 stages cleared

Introduction

Mar 2025

Committee Review

Floor Vote

Governor

Introduced Mar 25, 2025 Last action Mar 10, 2026

Maddy AI version diff · 1 comparison

What changed between versions

S6840 → S6840A · 7 edits

MODERATE

This bill was amended to add more sponsors and update committee actions, while the fiscal note was revised with new cost estimates and updated membership data. The core policy allowing members to purchase up to four years of military service credit remains unchanged, but the fiscal impact analysis has been refreshed with more recent data.

Scope change

The bill's scope remains the same - it allows retirement system members to purchase additional military service credit. However, the fiscal note was updated to reflect current membership data and revised cost estimates.

TECHNICAL

Bill number changed from S 6840 to S 6840--A to reflect amendments and committee actions.

Additional sponsors were added to the bill (Ashby, Cooney, Grifo, Hinchev, Jackson, Martinez, Mattera, Palumbo, Sanders, Skoufis, Tedisco, Weber).

Committee actions were updated to show the bill was discharged, amended, and recommitted to the Civil Service and Pensions Committee.

Fiscal note date changed from March 24, 2025 to February 4, 2026, and fiscal note number updated from 2025-98 to 2026-39.

FISCAL

Fiscal note updated with new cost estimates: NYSLERS past service cost now estimated at 23% for Tiers 1-4, 17% for Tier 5, and 14% for Tier 6, with NYSLPFRS at 28% (25% for Tier 6).

Updated membership data reflects 12,900 members who purchased military credit through December 2025 (up from 12,200) with total costs of $469 million (up from $436 million).

DEFINITION

Reference to veterans' services law section updated from 'section three hundred fifty of the executive law' to 'section one of the veterans' services law' for one eligibility condition.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Mar 10, 2026

Committee

REPORTED AND COMMITTED TO FINANCE

upper

Feb 18, 2026

Upper · Passed

PRINT NUMBER 6840A

upper

Feb 18, 2026

Upper · Passed

AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS

upper

Jan 7, 2026

Committee

REFERRED TO CIVIL SERVICE AND PENSIONS

upper

Apr 8, 2025

Committee

REPORTED AND COMMITTED TO FINANCE

upper

Mar 25, 2025

Committee

REFERRED TO CIVIL SERVICE AND PENSIONS

upper

1 primary · 18 co-sponsors