Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 14, 2024 |
held for consideration in governmental employees |
Mar 12, 2024 |
print number 6341a |
Mar 12, 2024 |
amend and recommit to governmental employees |
Jan 03, 2024 |
referred to governmental employees |
Apr 05, 2023 |
referred to governmental employees |
Assembly Bill A6341A
2023-2024 Legislative Session
Sponsored By
DESTEFANO
Current Bill Status - In Assembly 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
co-Sponsors
Joe Angelino
Jerett Gandolfo
Marianne Buttenschon
multi-Sponsors
Jodi Giglio
2023-A6341 - Details
2023-A6341 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6341 2023-2024 Regular Sessions I N A S S E M B L Y April 5, 2023 ___________ Introduced by M. of A. DeSTEFANO, ANGELINO, GANDOLFO -- read once and referred to the Committee on Governmental Employees AN ACT to amend the retirement and social security law, the education law and the administrative code of the city of New York, in relation to providing cost-of-living adjustments THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision d of section 78-a of the retirement and social security law, as added by chapter 125 of the laws of 2000, is amended to read as follows: d. The percentage referred to in this section shall be determined annually by reference to the consumer price index (all urban consumers, CPI-U, U.S. city average, all items, 1982-84=100), published by the United States bureau of labor statistics, for each applicable calendar year. Said percentage shall equal fifty percent of the annual inflation, as determined from the increase in the consumer price index in the one year period ending on the March thirty-first prior to the cost-of-living adjustment effective on the ensuing September first. Said percentage shall then be rounded up to the next higher one-tenth of one percent and shall not exceed three percent nor be less than one percent AND EFFEC- TIVE THE FIRST DAY OF SEPTEMBER, TWO THOUSAND TWENTY-THREE, SHALL NOT EXCEED FIVE PERCENT NOR BE LESS THAN ONE PERCENT. § 2. Subdivision d of section 378-a of the retirement and social secu- rity law, as added by chapter 125 of the laws of 2000, is amended to read as follows: d. The percentage referred to in this section shall be determined annually by reference to the consumer price index (all urban consumers, CPI-U, U.S. city average, all items, 1982-84=100), published by the United States bureau of labor statistics, for each applicable calendar year. Said percentage shall equal fifty percent of the annual inflation, as determined from the increase in the consumer price index in the one EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08009-02-3
co-Sponsors
Joe Angelino
Jerett Gandolfo
Marianne Buttenschon
multi-Sponsors
Jodi Giglio
2023-A6341A (ACTIVE) - Details
2023-A6341A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6341--A 2023-2024 Regular Sessions I N A S S E M B L Y April 5, 2023 ___________ Introduced by M. of A. DeSTEFANO, ANGELINO, GANDOLFO, BUTTENSCHON -- Multi-Sponsored by -- M. of A. J. A. GIGLIO -- read once and referred to the Committee on Governmental Employees -- recommitted to the Committee on Governmental Employees in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the retirement and social security law, the education law and the administrative code of the city of New York, in relation to providing cost-of-living adjustments THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision d of section 78-a of the retirement and social security law, as added by chapter 125 of the laws of 2000, is amended to read as follows: d. The percentage referred to in this section shall be determined annually by reference to the consumer price index (all urban consumers, CPI-U, U.S. city average, all items, 1982-84=100), published by the United States bureau of labor statistics, for each applicable calendar year. Said percentage shall equal fifty percent of the annual inflation, as determined from the increase in the consumer price index in the one year period ending on the March thirty-first prior to the cost-of-living adjustment effective on the ensuing September first. Said percentage shall then be rounded up to the next higher one-tenth of one percent and shall not exceed three percent nor be less than one percent AND EFFEC- TIVE THE FIRST DAY OF SEPTEMBER, TWO THOUSAND TWENTY-FIVE, SHALL NOT EXCEED FIVE PERCENT NOR BE LESS THAN ONE PERCENT. § 2. Subdivision d of section 378-a of the retirement and social secu- rity law, as added by chapter 125 of the laws of 2000, is amended to read as follows: d. The percentage referred to in this section shall be determined annually by reference to the consumer price index (all urban consumers, EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08009-06-4
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