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Today, August 20, 2021, Governor Cuomo signed bill S1091a / A2239a into law. Chapter 400 of the Laws of 2021 extend the maximum years of service credit that can be earned in a volunteer firefighter LOSAP from 40 years to 50 years. The bill amends both Section 218 (defined contribution plans) and Section 219 (defined benefit…
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Yesterday, Monday August 9th, bill A2239a was delivered to the Governor. This bill would extend the maximum years of service credit that can be earned in a volunteer firefighter service award program from 40 to 50 years. Therefore, this also extends the number of years in which a participating firefighter can accrue benefits by another…