Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 20, 2022 |
print number 4952a |
May 20, 2022 |
amend and recommit to civil service and pensions |
Jan 05, 2022 |
referred to civil service and pensions |
Feb 19, 2021 |
referred to civil service and pensions |
Senate Bill S4952A
2021-2022 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - In Senate Committee Civil Service And Pensions 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
Bill Amendments
2021-S4952 - Details
- Current Committee:
- Senate Civil Service And Pensions
- Law Section:
- Retirement
- Versions Introduced in Other Legislative Sessions:
-
2017-2018:
S7047
2019-2020: S7067
2021-S4952 - Sponsor Memo
BILL NUMBER: S4952 SPONSOR: KAMINSKY TITLE OF BILL: An act to authorize Clifford Swezey to receive a refund from the New York state teachers' retirement system PURPOSE OR GENERAL IDEA OF BILL: To allow Clifford Swezey to receive a refund of excess contributions made to the New York State Teachers' Retirement System from November 20, 2006 through October 25, 2011. SUMMARY OF SPECIFIC PROVISIONS: Section 1. Notwithstanding the provisions of subdivision b of section 902 of the retirement and social security law, Clifford Swezey, a retired Tier 4 member of the New York state teachers' retirement system who was formerly a member of the New York city teachers' retirement system, with more than ten years of service credit, who then paid
2021-S4952 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4952 2021-2022 Regular Sessions I N S E N A T E February 19, 2021 ___________ Introduced by Sen. KAMINSKY -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions AN ACT to authorize Clifford Swezey to receive a refund from the New York state teachers' retirement system THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding the provisions of subdivision b of section 902 of the retirement and social security law, Clifford Swezey, a retired Tier 4 member of the New York state teachers' retirement system who was formerly a member of the New York city teachers' retirement system, with more than ten years of service credit, who then paid contributions as an employee of the Harrison central school district from November 20, 2006 through June 30, 2011 to the New York state teachers' retirement system and on July 18, 2011 initiated a transfer from the New York city teachers' retirement system to the New York state teachers' retirement system, shall be entitled to a refund of the accu- mulated three percent contributions paid to said retirement system for the period in which the transfer was not initiated and cessation date was not established if an application is filed within one year of the effective date of this act. Such refund of the accumulated three percent contributions shall include interest payable at the rate of five per centum per annum compounded annually and such interest shall be paid through Mr. Swezey's date of retirement of June 30, 2017. § 2. All costs associated with the implementation of this act shall be borne by the employers of members of the New York state teachers' retirement system. § 3. This act shall take effect immediately. FISCAL NOTE.--Pursuant to Legislative Law, Section 50: This bill (legislative bill draft 03622-01-1) would allow Clifford Swezey, a retired Tier 4 member of the New York State Teachers' Retire- ment System (NYSTRS), who was formerly a member of the New York City EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
2021-S4952A (ACTIVE) - Details
- Current Committee:
- Senate Civil Service And Pensions
- Law Section:
- Retirement
- Versions Introduced in Other Legislative Sessions:
-
2017-2018:
S7047
2019-2020: S7067
2021-S4952A (ACTIVE) - Sponsor Memo
BILL NUMBER: S4952A SPONSOR: KAMINSKY TITLE OF BILL: An act to authorize Clifford Swezey to receive a refund from the New York state teachers' retirement system PURPOSE OR GENERAL IDEA OF BILL: To allow Clifford Swezey to receive a refund of excess contributions made to the New York State Teachers' Retirement System from November 20, 2006 through October 25, 2011. SUMMARY OF SPECIFIC PROVISIONS: Section 1. Notwithstanding the provisions of subdivision b of section 902 of the retirement and social security law, Clifford Swezey, a retired Tier 4 member of the New York state teachers' retirement system who was formerly a member of the New York city teachers' retirement system, with more than ten years of service credit, who then paid contributions as an employee of the Harrison central school district
2021-S4952A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4952--A 2021-2022 Regular Sessions I N S E N A T E February 19, 2021 ___________ Introduced by Sen. KAMINSKY -- 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 commit- tee AN ACT to authorize Clifford Swezey to receive a refund from the New York state teachers' retirement system THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding the provisions of subdivision b of section 902 of the retirement and social security law, Clifford Swezey, a retired Tier 4 member of the New York state teachers' retirement system who was formerly a member of the New York city teachers' retirement system, with more than ten years of service credit, who then paid contributions as an employee of the Harrison central school district from November 20, 2006 through June 30, 2011 to the New York state teachers' retirement system and on July 18, 2011 initiated a transfer from the New York city teachers' retirement system to the New York state teachers' retirement system, shall be entitled to a refund of the accu- mulated three percent contributions paid to said retirement system for the period in which the transfer was not initiated and cessation date was not established if an application is filed within one year of the effective date of this act. Such refund of the accumulated three percent contributions shall include interest payable at the rate of five per centum per annum compounded annually and such interest shall be paid through Mr. Swezey's date of retirement of June 30, 2017. § 2. All costs associated with the implementation of this act shall be borne by the employers of members of the New York state teachers' retirement system. § 3. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03622-03-2
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