Senate Bill S6976

Vetoed By Governor
2023-2024 Legislative Session

Provides for eligibility of certain participants in the New York City employees retirement system to opt into the twenty-five year retirement program for EMT members

download bill text pdf

Sponsored By

Current Bill Status Via A7420 - Vetoed by Governor


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

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2023-S6976 (ACTIVE) - Details

See Assembly Version of this Bill:
A7420
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §604-e, R & SS L

2023-S6976 (ACTIVE) - Summary

Provides for eligibility of certain participants in the New York City employees retirement system to opt into the twenty-five year retirement program for EMT members.

2023-S6976 (ACTIVE) - Sponsor Memo

2023-S6976 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6976
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                               May 16, 2023
                                ___________
 
 Introduced  by  Sen. JACKSON -- 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
   the  eligibility  of certain participants in the New York city employ-
   ees' retirement system to opt into  the  twenty-five  year  retirement
   program for EMT members
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraph 3 of  subdivision  b  of  section  604-e  of  the
 retirement  and social security law, as added by chapter 577 of the laws
 of 2000, is amended to read as follows:
   3. Each EMT member, other than an EMT member subject to paragraph  one
 or  two  of  this  subdivision, who becomes subject to the provisions of
 this article on or after the  starting  date  of  the  twenty-five  year
 retirement  program  shall  become a participant in the twenty-five year
 retirement program on the date [he or she] SUCH PERSON becomes  such  an
 EMT  member.  Provided, however, a person subject to this paragraph, and
 who has exceeded age twenty-five upon employment as an EMT member, shall
 be exempt from participation in the improved twenty-five year retirement
 program if such person elects  not  to  participate  by  filing  a  duly
 executed  form with the retirement system within one hundred eighty days
 of becoming an EMT member. PROVIDED FURTHER, HOWEVER, THAT A PERSON  WHO
 HAS  OPTED  TO BE EXEMPT PURSUANT TO THIS PARAGRAPH MAY BECOME A PARTIC-
 IPANT IN THE TWENTY-FIVE YEAR RETIREMENT PROGRAM IF SUCH PERSON FILES  A
 DULY  EXECUTED  ELECTION  FORM  WITH  THE  RETIREMENT  SYSTEM WITHIN ONE
 HUNDRED EIGHTY DAYS AFTER THE EFFECTIVE DATE OF THE CHAPTER OF THE  LAWS
 OF  TWO THOUSAND TWENTY-THREE THAT AMENDED THIS PARAGRAPH, PROVIDED SUCH
 PERSON IS AN EMT MEMBER ON THE DATE SUCH ELECTION  IS  FILED,  AND  SUCH
 PERSON  SHALL  PAY ALL ADDITIONAL MEMBER CONTRIBUTIONS REQUIRED PURSUANT
 TO SUBDIVISION E OF THIS SECTION FROM THE DATE THAT SUCH  PERSON  BECAME
 AN  EMT MEMBER TO THE DATE SUCH PERSON ELECTS TO BECOME A PARTICIPANT IN
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10284-03-3
              

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