New York A10438 provides salary bonuses for New York City Fire Department members retiring with 25, 30, or 35 years of service.
New York A10438 amends the administrative code to provide salary bonuses for New York City Fire Department members retiring with at least 25, 30, or 35 years of service. Members retiring with 25 years of service receive a 5% bonus, those with 30 years receive a 10% bonus, and those with 35 years receive a 15% bonus. These bonuses are calculated based on the highest pay grade for their rank and added to their salary for pension benefit calculations.
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