Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 05, 2022 |
referred to governmental employees |
Mar 17, 2021 |
referred to governmental employees |
Assembly Bill A6403
2021-2022 Legislative Session
Sponsored By
ROSENTHAL D
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
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- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2021-A6403 (ACTIVE) - Details
2021-A6403 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6403 2021-2022 Regular Sessions I N A S S E M B L Y March 17, 2021 ___________ Introduced by M. of A. D. ROSENTHAL -- read once and referred to the Committee on Governmental Employees AN ACT authorizing Jonathan Grossman to apply for a recalculation of his retirement benefits THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding any provision of law to the contrary, Jona- than Grossman, who joined the New York city teachers' retirement system as a Tier I member on January 1, 1972, who retired from such system on September 28, 2010, and who for reasons not ascribable to his own negli- gence had his retirement benefits calculated without the inclusion of a lump sum payment for accumulated vacation, shall have his retirement benefits recalculated with such lump sum payments, including interest accruing from the date of retirement, if he shall file an application therefor with the state comptroller on or before one year of the effec- tive date of this act. § 2. All past service costs of implementing the provisions of this act shall be borne by the city of New York. § 3. This act shall take effect immediately. FISCAL NOTE.--Pursuant to Legislative Law, Section 50: SUMMARY OF BILL: The proposed legislation would provide to Jonathan Grossman, a retired Tier 1 member of the New York City Teachers' Retire- ment System (TRS), an election, by filing an application with the State Comptroller within one year of the effective date on which the proposed legislation is passed, to have his retirement benefits recalculated to include his lump sum payment for accumulated vacation in the calculation of his final average salary. Effective Date: Upon enactment. BACKGROUND: Mr. Grossman retired as a Tier 1 TRS member on September 28, 2010. He currently receives an annual retirement allowance of EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03628-02-1
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