Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 16, 2014 |
print number 7256a |
Jun 16, 2014 |
amend (t) and recommit to finance |
May 28, 2014 |
reported and committed to finance |
May 08, 2014 |
referred to civil service and pensions |
Senate Bill S7256
2013-2014 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last 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
Actions
Votes
Bill Amendments
2013-S7256 - Details
- See Assembly Version of this Bill:
- A9593
- Current Committee:
- Senate Finance
- Law Section:
- Retirement and Social Security Law
- Laws Affected:
- Amd §341, R & SS L
- Versions Introduced in 2015-2016 Legislative Session:
-
S5785, A7547
2013-S7256 - Summary
Allows any police officer who was employed by the Metropolitan Transportation Authority, the Long Island Railroad Company or the Metro-North Commuter Railroad Company and who is a member of the MTA police retirement program to transfer his or her membership to the New York State and Local Police and Fire Retirement System.
2013-S7256 - Sponsor Memo
BILL NUMBER:S7256 TITLE OF BILL: An act to amend the retirement and social security law, in relation to providing prior police service credit for police officers employed by employers not participating in the New York state and local police and fire retirement system who are hired by the state or a participating employer in the New York state and local police and fire retirement system PURPOSE: This bill would allow certain police members of the New York State and Local Police and Fire Retirement System to receive service credit for service rendered with the Metro-North Commuter Railroad Company, the Long Island Railroad Company and the Metropolitan Transportation Authority. Such members must render at least two years of service with a participating employer to receive credit for such service. SUMMARY OF PROVISIONS: Amends Subdivision b of section 341 of the Retirement and Social Security Law through the addition of a new paragraph 9. JUSTIFICATION: Many police officers employed by municipalities and public authorities in New York State, switch employment at some time in their career to take advantage of a promotional opportunity or to otherwise improve their career status. This legislation would allow for service with Metro-North, the LIRR and the MTA to be credited in
2013-S7256 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7256 I N S E N A T E May 8, 2014 ___________ Introduced by Sen. GOLDEN -- 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 providing prior police service credit for police officers employed by employers not participating in the New York state and local police and fire retirement system who are hired by the state or a participating employer in the New York state and local police and fire retirement system THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision b of section 341 of the retirement and social security law is amended by adding a new paragraph 9 to read as follows: 9. NOTWITHSTANDING THE FOREGOING PROVISIONS OF THIS SUBDIVISION, ANY POLICE EMPLOYEE WHO HAD PRIOR POLICE SERVICE WITH THE METRO-NORTH COMMU- TER RAILROAD COMPANY, THE LONG ISLAND RAILROAD COMPANY OR THE METROPOL- ITAN TRANSPORTATION AUTHORITY SHALL BE GIVEN CREDIT FOR SUCH SERVICE WHEN HE OR SHE RENDERS AT LEAST TWO YEARS OF MEMBER SERVICE WITH THE STATE OR ANY PARTICIPATING EMPLOYER. S 2. This act shall take effect immediately. FISCAL NOTE.--Pursuant to Legislative Law, Section 50: This bill would allow members of the New York State and Local Police and Fire Retirement System (PFRS) to receive service credit for service rendered with the Metro-North Commuter Railroad Company, the Long Island Railroad Company or the Metropolitan Transportation Authority. Such members must render at least two (2) years of service with a participat- ing employer to receive credit for such service. The number of members who could be affected by this legislation cannot be readily determined. If this bill is enacted, there would be a past service cost on behalf of each member with such service, and would depend on the member's age, credited service, plan, salary and the amount of the additional service credit being granted. It is estimated that the past service cost will average approximately 20% of an affected members' compensation for each such year of additional service. This cost would be reduced by the EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
2013-S7256A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A9593
- Current Committee:
- Senate Finance
- Law Section:
- Retirement and Social Security Law
- Laws Affected:
- Amd §341, R & SS L
- Versions Introduced in 2015-2016 Legislative Session:
-
S5785, A7547
2013-S7256A (ACTIVE) - Summary
Allows any police officer who was employed by the Metropolitan Transportation Authority, the Long Island Railroad Company or the Metro-North Commuter Railroad Company and who is a member of the MTA police retirement program to transfer his or her membership to the New York State and Local Police and Fire Retirement System.
2013-S7256A (ACTIVE) - Sponsor Memo
BILL NUMBER:S7256A TITLE OF BILL: An act to amend the retirement and social security law, in relation to allowing the transfer of membership in the MTA police retirement program to the New York state and local police and fire retirement system PURPOSE: This bill would allow certain police members of the New York State and Local Police and Fire Retirement System to receive service credit for MTA police service rendered with the Metro-North Commuter Railroad Company, the Long Island Railroad Company and the Metropolitan Transportation Authority. Such members must render at least two years of service with a participating employer to receive credit for such service. SUMMARY OF PROVISIONS: Amends Subdivisions a and h of section 343 of the Retirement and Social Security Law JUSTIFICATION: Many police officers employed by municipalities and public authorities in New York State, switch employment at some time in their career to take advantage of a promotional opportunity or to otherwise improve their career status. This legislation would allow for service with Metro-North, the LIRR and the MTA to be credited in other similar employment in the State. LEGISLATIVE HISTORY: S.5406/A.5965 of 8008 - Passed Senate/ Assembly
2013-S7256A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7256--A I N S E N A T E May 8, 2014 ___________ Introduced by Sen. GOLDEN -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions -- reported favorably from said committee and committed to the Commit- tee on Finance -- 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 allowing the transfer of membership in the MTA police retirement program to the New York state and local police and fire retirement system THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision a of section 343 of the retirement and social security law, as amended by chapter 728 of the laws of 2006, the opening paragraph as further amended by section 104 of part A of chapter 62 of the laws of 2011, is amended to read as follows: a. Notwithstanding any other provision of law providing for transfers, any member of any retirement system maintained by the state or a munici- pality thereof, operating on a sound financial basis and subject to the supervision of the department of financial services of this state may transfer his or her membership pursuant to this section to the New York state and local employees' retirement system, the New York city board of education employees' retirement system, the New York state teachers' retirement system, the New York state and local police and fire retire- ment system or to the New York city employees' retirement system. Any member of the New York state and local police and fire retirement system may transfer his or her membership to any retirement system, other than the hospital retirement system, which is operating on a sound basis and is subject to the supervision of the department of financial services of this state. Any police officer employed by the metropolitan transporta- tion authority who is a member of the MTA police twenty year retirement program of the metropolitan transportation authority defined benefit pension plan (hereinafter referred to in this section as the "MTA police retirement program") may transfer his or her membership in the New York state and local police and fire retirement system and/or the New York EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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