Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 03, 2024 |
print number 8450a |
Jun 03, 2024 |
amend (t) and recommit to civil service and pensions |
Jan 31, 2024 |
referred to civil service and pensions |
Senate Bill S8450A
2023-2024 Legislative Session
Sponsored By
(D, WF) 21st Senate District
Current 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
2023-S8450 - Details
- See Assembly Version of this Bill:
- A7332
- Current Committee:
- Senate Civil Service And Pensions
- Law Section:
- New York City Administrative Code
- Laws Affected:
- Amd §13-105, NYC Ad Cd; amd §§519 & 614, R & SS L
2023-S8450 - Sponsor Memo
BILL NUMBER: S8450 SPONSOR: PARKER TITLE OF BILL: An act to amend the retirement and social security law, in relation to providing that members of a retirement system who retire from such system and later rejoin the retirement system are reinstated as a member of the same tier they were in prior to retirement PURPOSE: The bill's purpose is to allow those who were on a retirement system of the state or of a municipality prior to 2009 and reenter in 2014 to remain with the pension in 2009 (tier 4). SUMMARY OF PROVISIONS: Section 1. Section 440 of the retirement and social security law is amended by adding a new subdivision f. Any member or employee who retired from his or her retirement system of the state or of a munici- pality on or after December thirty-first, in two thousand nine and who
2023-S8450 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8450 I N S E N A T E January 31, 2024 ___________ Introduced by Sen. PARKER -- 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 that members of a retirement system who retire from such system and later rejoin the retirement system are reinstated as a member of the same tier they were in prior to retirement THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 440 of the retirement and social security law is amended by adding a new subdivision f to read as follows: F. THE PROVISIONS OF THIS SUBDIVISION APPLY TO MEMBERS OF A PUBLIC RETIREMENT SYSTEM OF THE STATE OR OF A MUNICIPALITY THEREOF AND TO EMPLOYEES WHO WOULD HAVE BEEN ELIGIBLE TO JOIN SUCH A RETIREMENT SYSTEM BUT IN LIEU THEREOF ELECTED AN OPTIONAL RETIREMENT PROGRAM TO WHICH HIS OR HER EMPLOYER WAS REQUIRED TO CONTRIBUTE. ANY MEMBER OR EMPLOYEE WHO RETIRED FROM HIS OR HER RETIREMENT SYSTEM ON OR AFTER DECEMBER THIRTY- FIRST, TWO THOUSAND NINE AND WHO SUBSEQUENTLY REJOINS THE RETIREMENT SYSTEM OR PROGRAM HE OR SHE RETIRED FROM SHALL BE REINSTATED IN SUCH RETIREMENT SYSTEM AS A MEMBER OF THE TIER HE OR SHE ORIGINALLY WAS IN. § 2. Section 500 of the retirement and social security law is amended by adding a new subdivision h to read as follows: H. THE PROVISIONS OF THIS SUBDIVISION APPLY TO MEMBERS OF A PUBLIC RETIREMENT SYSTEM OF THE STATE OR OF A MUNICIPALITY THEREOF AND TO EMPLOYEES WHO WOULD HAVE BEEN ELIGIBLE TO JOIN SUCH A RETIREMENT SYSTEM BUT IN LIEU THEREOF ELECTED AN OPTIONAL RETIREMENT PROGRAM TO WHICH HIS OR HER EMPLOYER WAS REQUIRED TO CONTRIBUTE. ANY MEMBER OR EMPLOYEE WHO RETIRED FROM HIS OR HER RETIREMENT SYSTEM ON OR AFTER DECEMBER THIRTY- FIRST, TWO THOUSAND NINE AND WHO SUBSEQUENTLY REJOINS THE RETIREMENT SYSTEM OR PROGRAM HE OR SHE RETIRED FROM SHALL BE REINSTATED IN SUCH RETIREMENT SYSTEM AS A MEMBER OF THE TIER HE OR SHE ORIGINALLY WAS IN. § 3. Section 600 of the retirement and social security law is amended by adding a new subdivision d to read as follows: D. THE PROVISIONS OF THIS SUBDIVISION APPLY TO MEMBERS OF A PUBLIC RETIREMENT SYSTEM OF THE STATE OR OF A MUNICIPALITY THEREOF AND TO EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
2023-S8450A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A7332
- Current Committee:
- Senate Civil Service And Pensions
- Law Section:
- New York City Administrative Code
- Laws Affected:
- Amd §13-105, NYC Ad Cd; amd §§519 & 614, R & SS L
2023-S8450A (ACTIVE) - Sponsor Memo
BILL NUMBER: S8450A SPONSOR: PARKER TITLE OF BILL: An act to amend the administrative code of the city of New York and the retirement and social security law, in relation to providing that members of a retirement system who retire from such system and later rejoin the retirement system are entitled to the same rights, benefits and privileges such member had prior to retirement PURPOSE: The bill's purpose is to allow members of retirement systems who suspend their retirement allowance and rejoin as new members of another retire- ment system to retain their original tier status. SUMMARY OF PROVISIONS: Section 1. Section 13-105 of the administrative code of the city of New York is amended.
2023-S8450A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8450--A I N S E N A T E January 31, 2024 ___________ Introduced by Sen. PARKER -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the administrative code of the city of New York and the retirement and social security law, in relation to providing that members of a retirement system who retire from such system and later rejoin the retirement system are entitled to the same rights, benefits and privileges such member had prior to retirement THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 13-105 of the administrative code of the city of New York is amended to read as follows: § 13-105 Membership; eligibility in certain cases. Notwithstanding any inconsistent provision of this chapter, the code, or any other law, an officer or employee in city-service who is otherwise eligible for membership in this retirement system but who is entitled to receive benefits from any other pension fund or retirement system maintained by the city may become a member of this retirement system provided such benefits are suspended during [his or her] SUCH OFFICER OR EMPLOYEE'S active membership in this retirement system. Such member shall contrib- ute to this retirement system as a new entrant, PROVIDED, HOWEVER, THAT IN THE CASE OF A MEMBER WHO HAS RETIRED OR RETIRES FROM PUBLIC SERVICE ON OR AFTER JULY FIRST, NINETEEN HUNDRED SEVENTY-SIX AND SUSPENDED OR SUSPENDS SUCH MEMBER'S RETIREMENT ALLOWANCE UPON ENTRANCE INTO CITY-SER- VICE, SUCH MEMBER SHALL BE ENTITLED TO THE SAME RIGHTS AND PRIVILEGES AS THOSE TO WHICH SUCH MEMBER WAS ENTITLED UPON SUCH MEMBER'S LAST DATE OF ENTRY INTO A PUBLIC RETIREMENT SYSTEM OR PENSION FUND OF THE STATE OR THE CITY OF NEW YORK. § 2. Subdivision 2 of section 519 of the retirement and social securi- ty law is amended by adding a new paragraph (vi) to read as follows: (VI) NOTWITHSTANDING ANY OTHER PROVISION OF LAW, ANY MEMBER OF A PUBLIC RETIREMENT SYSTEM WHO RETIRED AFTER HAVING LAST ENTERED SUCH SYSTEM ON OR AFTER JULY FIRST, NINETEEN HUNDRED SEVENTY-SIX, AND THERE- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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