Assembly Bill A9494

2013-2014 Legislative Session

Awards additional service credit for certain persons

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Sponsored By

Archive: Last 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

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2013-A9494 (ACTIVE) - Details

See Senate Version of this Bill:
S7074
Current Committee:
Assembly Governmental Employees
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §902, R & SS L

2013-A9494 (ACTIVE) - Summary

Awards additional service credit for certain persons.

2013-A9494 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  9494

                          I N  A S S E M B L Y

                               May 2, 2014
                               ___________

Introduced by M. of A. ABBATE -- read once and referred to the Committee
  on Governmental Employees

AN  ACT  to amend the retirement and social security law, in relation to
  calculation of service credit for certain 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 a of section 902 of the retire-
ment and social security law, as added by chapter 126  of  the  laws  of
2000, is amended to read as follows:
  3.  Notwithstanding any other provision of law, if the service retire-
ment benefit of an eligible employee is subject to a maximum  retirement
benefit,  the  additional  benefit  authorized by this subdivision OR BY
PARAGRAPH FOUR OF SUBDIVISION B OF THIS SECTION  shall  be  computed  by
multiplying  the  final  average  salary  times  the  number of years of
service credit granted by this  subdivision  OR  BY  PARAGRAPH  FOUR  OF
SUBDIVISION  B  OF  THIS  SECTION times the benefit fraction of the plan
under which the employee retires.
  S 2. Subdivision b of section 902 of the retirement and social securi-
ty law is amended by adding a new paragraph 4 to read as follows:
  4. (I) NOTWITHSTANDING ANY OTHER PROVISION OF LAW, ANY MEMBER  WHO  IS
IN  ACTIVE SERVICE, AS DEFINED IN PARAGRAPH (I), (II) OR (III) OF SUBDI-
VISION E OF SECTION NINE HUNDRED OF THIS ARTICLE, AS OF APRIL FIRST, TWO
THOUSAND FOURTEEN IN A POSITION OR POSITIONS IN THE  CLASSIFIED  SERVICE
OF  THE STATE OF NEW YORK DESIGNATED MANAGERIAL OR CONFIDENTIAL PURSUANT
TO ARTICLE FOURTEEN OF THE CIVIL SERVICE LAW OR A  MEMBER  OF  A  PUBLIC
AUTHORITY  UNDER  THE CIVIL SERVICE JURISDICTION OF THE STATE DEPARTMENT
OF CIVIL SERVICE SHALL RECEIVE ONE MONTH OF  ADDITIONAL  SERVICE  CREDIT
FOR  EACH  FULL  MONTH OF SERVICE CREDIT RENDERED IN SUCH POSITION ON OR
AFTER APRIL FIRST, TWO THOUSAND NINE THROUGH THE DATE OF  RETIREMENT  UP
TO A MAXIMUM OF TWENTY-FOUR MONTHS OF SERVICE CREDIT.
  (II)  THE  PROVISIONS OF SUBPARAGRAPH (I) OF THIS PARAGRAPH SHALL ONLY
APPLY TO THOSE QUALIFYING MEMBERS WHO RETIRE ON OR BEFORE MARCH  THIRTY-
FIRST, TWO THOUSAND FIFTEEN.
  S 3. This act shall take effect immediately.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
              

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