New York S04598 allows certain EMT members to opt into the 25-year retirement program.
New York S04598 provides eligible Tier 4 and Tier 6 EMT members who previously opted out of the EMT 25-Year Plan a second opportunity to join the plan. These members must file an application with the New York City Employee's Retirement System (NYCERS) within 180 days of becoming an EMT member. The bill also requires these members to pay all additional member contributions from the date they became an EMT member to the date they elect to join the program, along with interest. This opportunity is available only if the member is an EMT member on the date the election is filed.
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- Legal Framework
- Critical Issues
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