Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Nov 21, 2014 |
signed chap.442 |
Nov 10, 2014 |
delivered to governor |
Jun 11, 2014 |
returned to assembly passed senate 3rd reading cal.66 substituted for s3721a |
May 29, 2014 |
referred to civil service and pensions delivered to senate passed assembly |
May 22, 2014 |
advanced to third reading cal.769 |
May 19, 2014 |
reported |
Apr 29, 2014 |
reported referred to ways and means |
Jan 17, 2014 |
referred to governmental employees |
Assembly Bill A8486
Signed By Governor2013-2014 Legislative Session
Sponsored By
RYAN
Archive: Last Bill Status - Signed by Governor
- 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
Votes
2013-A8486 (ACTIVE) - Details
- See Senate Version of this Bill:
- S3721
- Law Section:
- Retirement
2013-A8486 (ACTIVE) - Summary
Relates to service credit of certain members of the New York state and local employees' retirement system who obtained credit for service with the Niagara Frontier Transit Metro System, Inc.; provides that any retirement or death benefit payable or paid by such retirement system shall be reduced by the amount of the non-forfeitable benefit payable or paid for such service under the Amalgamated Transit Union Local 1342 - Niagara Frontier Transit Metro System Pension Fund.
2013-A8486 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8486 I N A S S E M B L Y January 17, 2014 ___________ Introduced by M. of A. RYAN -- read once and referred to the Committee on Governmental Employees AN ACT in relation to service credit of certain members of the New York state and local employees' retirement system who obtained credit for service with the Niagara Frontier Transit Metro System, Inc. THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding the provisions of chapter 670 of the laws of 1996 or any other provision of law to the contrary, any member or retiree of the New York state and local employees' retirement system who obtained credit for service after March 31, 1974 with the Niagara Fron- tier Transit Metro System, Inc., and who retains a non-forfeitable bene- fit for such service under the Amalgamated Transit Union Local 1342 -- Niagara Frontier Transit Metro System Pension Fund shall remain eligible for such service with the New York state and local employees' retirement system; provided, however, that any retirement or death benefit payable or paid by such retirement system shall be reduced by the amount of the non-forfeitable benefit payable or paid for such service under the Amal- gamated Transit Union Local 1342 -- Niagara Frontier Transit Metro System Pension Fund. For any person currently receiving a retirement allowance, such reduction shall be retroactive to the effective date of retirement. S 2. This act shall take effect immediately and the addition, amend- ment and/or repeal of any rule or regulation necessary for the implemen- tation of this act on its effective date are hereby authorized. FISCAL NOTE.-- Pursuant to Legislate Law, Section 50: This bill would reduce the retirement or death benefit payable or paid by the New York State and Local Employees' Retirement System (NYSLERS) to any member or retiree who obtained credit for service after March 31, 1974 with the Niagara Frontier Transit Metro System who retains a non- forfeitable benefit with the Niagara Metro Pension Fund for such service. The reduction in the benefit from NYSLERS will be based on the amount of the non-forfeitable benefit payable or paid for such service, for which the affected individuals will receive benefits from both EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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