Establishes a retirement service credit for volunteer fire or emergency service

Summary

The bill lets members of New York’s public retirement systems earn additional pension credit for volunteer fire or emergency service. For each five years volunteered, a member can receive one year of credit, up to three years total, after paying a fee equal to 3% of their recent salary. The credit must be applied before retirement and is funded by the member’s payment, with the state and employers covering other costs.

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