S 7114 New York Senate · 2025 Regular Session

Relates to obtaining military credit for members of the New York state and local police and fire retirement system, the New York city police pension fund, and the New York city fire pension fund

Summary
Relates to obtaining military credit for members of the New York state and local police and fire retirement system, the New York city police pension fund, and the New York city fire pension fund; provides that the calculation for military credit shall be equal to the product of the number of years of military service being claimed and three percent of such member's compensation earned during the twelve months of credited service.
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2025
Committee Review
Floor Vote
Governor
Introduced Apr 1, 2025 Last action May 14, 2026
Maddy AI version diff · 2 comparisons

What changed between versions

S7114A S7114B · 4 edits
MODERATE
The bill was amended to extend the start date for reduced military service credit costs from April 1, 2026, to April 1, 2027. Additionally, the fiscal note was updated to reflect a broader scope, shifting the focus from only New York City funds to the entire New York State and Local Police and Fire Retirement System, while also changing the target group from Tier 3 members to Tier 6 members.
Scope change
The scope expanded from applying only to New York City pension funds to covering the entire New York State and Local Police and Fire Retirement System (NYSLPFRS). The specific group of eligible members changed from Tier 3 members to Tier 6 members.
TIMELINE

The effective date for the new reduced cost rate was delayed by one year, moving from April 1, 2026, to April 1, 2027.

SCOPE

The legislation now applies to the New York State and Local Police and Fire Retirement System rather than just the New York City police and fire pension funds.

ELIGIBILITY

The benefit now applies to Tier 6 members instead of Tier 3 members.

FISCAL

The fiscal analysis was updated to estimate costs for the state-wide system and Tier 6 members, projecting an annual employer cost increase of approximately $1,000,000.

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
4
Committee
3
Amendments
4
May 14, 2026
Upper · Passed
PRINT NUMBER 7114B
upper
May 14, 2026
Upper · Passed
AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS
upper
May 5, 2026
Upper · Passed
PRINT NUMBER 7114A
upper
May 5, 2026
Upper · Passed
AMEND (T) AND RECOMMIT TO CIVIL SERVICE AND PENSIONS
upper
Jan 7, 2026
Committee
REFERRED TO CIVIL SERVICE AND PENSIONS
upper
Apr 29, 2025
Committee
REPORTED AND COMMITTED TO FINANCE
upper
Apr 1, 2025
Committee
REFERRED TO CIVIL SERVICE AND PENSIONS
upper
1 primary · 6 co-sponsors

Sponsors