Senate Bill S6290

2023-2024 Legislative Session

Relates to the determination of salary base for members of the New York city police pension fund

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Finance Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

co-Sponsors

2023-S6290 - Details

Current Committee:
Senate Finance
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §443, R & SS L

2023-S6290 - Summary

Relates to the determination of salary base for members of the New York city police pension fund; provides that the salary base for members of the New York city police pension fund whose employment with the police department of the city of New York commenced on or after July 1, 2000 shall be determined in the same manner as members whose employment commenced prior to such date.

2023-S6290 - Sponsor Memo

2023-S6290 - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6290
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                              April 11, 2023
                                ___________
 
 Introduced  by Sen. SCARCELLA-SPANTON -- read twice and ordered printed,
   and when printed to be committed to the Committee on Civil Service and
   Pensions
 
 AN ACT to amend the retirement and social security law, in  relation  to
   determination  of  salary base for members of the New York city police
   pension fund

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section  443 of the retirement and social security law is
 amended by adding a new subdivision i to read as follows:
   I. NOTWITHSTANDING ANY GENERAL, SPECIAL OR LOCAL LAW, CHARTER,  ADMIN-
 ISTRATIVE  CODE,  AGREEMENT,  RESOLUTION  OR  RULE  OR REGULATION TO THE
 CONTRARY, THE SALARY BASE FOR  MEMBERS  OF  THE  NEW  YORK  CITY  POLICE
 PENSION  FUND WHOSE EMPLOYMENT WITH THE POLICE DEPARTMENT OF THE CITY OF
 NEW YORK COMMENCED ON OR AFTER THE FIRST OF JULY, TWO THOUSAND  TO  WHOM
 THIS ARTICLE OTHERWISE APPLIES SHALL BE DETERMINED IN THE SAME MANNER AS
 THE  SALARY  BASE  FOR  MEMBERS OF THE NEW YORK CITY POLICE PENSION FUND
 WHOSE EMPLOYMENT WITH THE POLICE DEPARTMENT OF  THE  CITY  OF  NEW  YORK
 COMMENCED BEFORE THE FIRST OF JULY, TWO THOUSAND.
   § 2. This act shall take effect immediately and shall apply to members
 of  the  New  York  city police pension fund who retire on or after such
 effective date.
   FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
   SUMMARY OF BILL: This proposed legislation would amend Section 443  of
 the  Retirement and Social Security Law (RSSL) to change the salary base
 for Tier 2 members of the New York City Police Pension Fund (POLICE) who
 are hired on or after July 1, 2000.
   Effective Date: Upon enactment.
   IMPACT ON BENEFITS: Pension benefits are primarily derived from  as  a
 percentage of salary base. For Tier 2 POLICE members hired prior to July

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10166-02-3
 S. 6290                             2
              

co-Sponsors

2023-S6290A (ACTIVE) - Details

Current Committee:
Senate Finance
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §443, R & SS L

2023-S6290A (ACTIVE) - Summary

Relates to the determination of salary base for members of the New York city police pension fund; provides that the salary base for members of the New York city police pension fund whose employment with the police department of the city of New York commenced on or after July 1, 2000 shall be determined in the same manner as members whose employment commenced prior to such date.

2023-S6290A (ACTIVE) - Sponsor Memo

2023-S6290A (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  6290--A
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                              April 11, 2023
                                ___________
 
 Introduced  by  Sens.  SCARCELLA-SPANTON,  CHU,  WEBER -- read twice and
   ordered printed, and when printed to be committed to the Committee  on
   Civil  Service  and  Pensions -- recommitted to the Committee on Civil
   Service and Pensions in accordance with  Senate  Rule  6,  sec.  8  --
   committee  discharged,  bill amended, ordered reprinted as amended and
   recommitted to said committee
 
 AN ACT to amend the retirement and social security law, in  relation  to
   determination  of  salary base for members of the New York city police
   pension fund
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section  443 of the retirement and social security law is
 amended by adding a new subdivision i to read as follows:
   I. NOTWITHSTANDING ANY GENERAL, SPECIAL OR LOCAL LAW, CHARTER,  ADMIN-
 ISTRATIVE  CODE,  AGREEMENT,  RESOLUTION  OR  RULE  OR REGULATION TO THE
 CONTRARY, THE SALARY BASE FOR  MEMBERS  OF  THE  NEW  YORK  CITY  POLICE
 PENSION  FUND WHOSE EMPLOYMENT WITH THE POLICE DEPARTMENT OF THE CITY OF
 NEW YORK COMMENCED ON OR AFTER THE FIRST OF JULY, TWO THOUSAND  TO  WHOM
 THIS ARTICLE OTHERWISE APPLIES SHALL BE DETERMINED IN THE SAME MANNER AS
 THE  SALARY  BASE  FOR  MEMBERS OF THE NEW YORK CITY POLICE PENSION FUND
 WHOSE EMPLOYMENT WITH THE POLICE DEPARTMENT OF  THE  CITY  OF  NEW  YORK
 COMMENCED BEFORE THE FIRST OF JULY, TWO THOUSAND.
   § 2. This act shall take effect immediately and shall apply to members
 of  the  New  York  city police pension fund who retire on or after such
 effective date.
   FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
   SUMMARY: This proposed legislation would change the  salary  base  for
 Tier 2 members of the New York City Police Pension Fund (POLICE) who are
 hired  on  or  after July 1, 2000 to be the greater of final salary or a
 three-year average.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10166-04-4
 S. 6290--A                          2
              

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