S 10437 NY
Relates to longevity bonuses for members of the uniformed service with the New York city fire department
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Summary
This New York City bill provides longevity bonuses for uniformed members of the New York City Fire Department at specific service milestones. Members retiring with 25 years of service receive a 5 percent bonus, 30 years receive a 10 percent bonus, and 35 years receive a 15 percent bonus, calculated based on the highest grade pay in their rank. Additionally, starting in the twenty-sixth year of service and for each year thereafter, members receive an additional one percent annually, provided the total bonus does not exceed 15 percent and is capped upon completion of 35 years of service. These bonuses are added to the member's applicable salary for the purposes of calculating pension benefits.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Official abstract
Provides for salary bonuses for members of the uniformed service with the New York city fire department who retire with at least twenty-five, thirty or thirty-five years of service, including an additional bonus for each year after year twenty-five.
Sponsor (1)
- Robert Jackson Democratic · primary
Action history (1)
- May 15, 2026 REFERRED TO CITIES 1 · upper
Text versions (2)
Full text
Full text imported from assembly.state.ny.us
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Bill No.: Summary Actions Committee Votes Floor Votes Memo Text LFIN Chamber Video/Transcript S10437 Summary: BILL NO S10437   SAME AS No Same As   SPONSOR JACKSON   COSPNSR   MLTSPNSR   Add §15-110.1, NYC Ad Cd   Provides for salary bonuses for members of the uniformed service with the New York city fire department who retire with at least twenty-five, thirty or thirty-five years of service, including an additional bonus for each year after year twenty-five.
Go to top S10437 Text:
STATE OF NEW YORK ________________________________________________________________________
10437
IN SENATE
May 15, 2026 ___________
Introduced by Sen. JACKSON -- read twice and ordered printed, and when printed to be committed to the Committee on Cities 1
AN ACT to amend the administrative code of the city of New York, in relation to longevity bonuses for members of the uniformed service with the New York city fire department
The People of the State of New York, represented in Senate and Assem- bly, do enact as follows:
1 Section 1. The administrative code of the city of New York is amended 2 by adding a new section 15-110.1 to read as follows: 3 § 15-110.1 Longevity bonuses. a. (1) Notwithstanding any provision of 4 law to the contrary, when a member shall have accrued twenty-five years 5 of uniformed service with the New York city fire department, and retires 6 in any rank, they shall have five per centum of the highest grade of pay 7 under the applicable collective bargaining agreement of such rank in 8 which they retire, added to the applicable salary, used for the purposes 9 of computing pension benefits under the plan in which they are enrolled 10 with the New York city fire department pension fund; or 11 (2) Notwithstanding any provision of law to the contrary, when a 12 member shall have accrued thirty years of uniformed service with the New 13 York city fire department, and retires in any rank, they shall have ten 14 per centum of the highest grade of pay under the applicable collective 15 bargaining agreement of such rank in which they retire, added to the 16 applicable salary, used for the purposes of computing pension benefits 17 under the plan in which they are enrolled with the New York city fire 18 pension fund; or 19 (3) Notwithstanding any provision of law to the contrary, when a 20 member shall have accrued thirty-five years of uniformed service with 21 the New York city fire department, and retires in any rank, they shall 22 have fifteen per centum of the highest grade of pay under the applicable 23 collective bargaining agreement of such rank in which they retire, added 24 to the applicable salary, used for the purposes of computing pension 25 benefits under the plan in which they are enrolled with the New York 26 city fire pension fund.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13849-01-5
S. 10437 2
1 b. In addition to the increases set forth in subdivision a of this 2 section, commencing with the twenty-sixth year of service and for each 3 year thereafter, such member shall receive an additional one per centum 4 annually, added to the applicable salary used for the purposes of 5 computing pension benefits under the plan in which they are enrolled 6 with the New York city fire pension fund, provided, however, that the 7 combined total additional credit shall not exceed fifteen per centum and 8 shall be capped upon the completion of thirty-five years of uniformed 9 service with the department. 10 § 2. This act shall take effect immediately.
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