Authorizes retired firefighters to be employed as fire science instructors by career and technical education centers without a reduction of benefits
What changed between versions
Annual cost per affected retiree decreased from $83,900 to $55,700, driven by a shorter estimated benefit period (6.5 months instead of 9.5 months) and lower lost employer contribution estimates ($7,700 instead of $19,400).
Funding attribution language changed: the old note said costs were 'primarily attributable to retirees from Tiers 1-4' with about half collected on Tier 6 salaries; the new note says costs are 'attributable to legacy groups' but funding will be collected on salary reported for current and future members of Tier 6.
Fiscal note updated to reference 2025 actuarial data (March 31, 2025) instead of 2024 data, and the estimate is now dated February 4, 2026 for the 2026 Legislative Session.
The fiscal note now references NYSLRS as a whole rather than separately itemizing NYSLPFRS and NYSLERS costs, and adds a disclosure that the certifying actuary is himself a member of NYSLRS but does not believe it impairs his objectivity.
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