Senate Bill S6820

2013-2014 Legislative Session

Relates to supplemental military retirement allowances for members of public retirement systems of the state

download bill text pdf

Sponsored By

Archive: Last 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2013-S6820 (ACTIVE) - Details

Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §§1000, 78-a & 378-a, R & SS L; amd §532-a, Ed L; amd §13-696, NYC Ad Cd
Versions Introduced in Other Legislative Sessions:
2015-2016: S5065
2017-2018: S6505
2019-2020: S3968
2021-2022: S5110
2023-2024: S7529

2013-S6820 (ACTIVE) - Summary

Relates to supplemental military retirement allowances for members of public retirement systems of the state.

2013-S6820 (ACTIVE) - Sponsor Memo

2013-S6820 (ACTIVE) - Bill Text download pdf

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

                                  6820

                            I N  S E N A T E

                             March 13, 2014
                               ___________

Introduced  by  Sen.  LARKIN -- 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,  the  education
  law  and  the administrative code of the city of New York, in relation
  to supplemental military retirement allowances for members  of  public
  retirement systems of the state

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 1000 of the retirement and social security  law  is
amended by adding a new subdivision 8-a to read as follows:
  8-A.  A  PERSON  WHO  RETIRED PRIOR TO DECEMBER TWENTY-FIRST, NINETEEN
HUNDRED NINETY-EIGHT AND WHO WOULD HAVE BEEN ENTITLED TO THE  PROVISIONS
OF THIS SECTION, MAY MAKE APPLICATION TO SUCH RETIREMENT SYSTEM NO LATER
THAN  DECEMBER  THIRTY-FIRST,  TWO  THOUSAND  FIFTEEN FOR A SUPPLEMENTAL
MILITARY RETIREMENT ALLOWANCE PURSUANT TO THIS SUBDIVISION.  THE SUPPLE-
MENTAL RETIREMENT ALLOWANCE PROVIDED BY THIS  SUBDIVISION  SHALL  BE  IN
LIEU  OF ANY BENEFIT OTHERWISE PROVIDED PURSUANT TO THIS SECTION AND ANY
CREDIT GRANTED FOR MILITARY SERVICE WITH ANY RETIREMENT SYSTEM  OF  THIS
STATE PURSUANT TO ANY OTHER SECTION OF LAW.  UPON RECEIPT OF AN APPLICA-
TION, THE RETIREMENT SYSTEM SHALL DETERMINE THE AMOUNT OF SERVICE CREDIT
SUCH PERSON WOULD HAVE BEEN ENTITLED TO RECEIVE PURSUANT TO SUBDIVISIONS
ONE  AND  TWO  OF  THIS SECTION, SUBJECT TO THE LIMITATIONS CONTAINED IN
THIS SECTION. THE SUPPLEMENTAL MILITARY RETIREMENT ALLOWANCE SHALL EQUAL
THE RETIREMENT ALLOWANCE  OF  SUCH  PERSON,  COMPUTED  WITHOUT  OPTIONAL
MODIFICATION  AND  NOT TO EXCEED FIFTEEN THOUSAND DOLLARS, MULTIPLIED BY
TWENTY-FIVE ONE HUNDREDTHS OF ONE PERCENT PER MONTH OF THE SERVICE CRED-
IT AS DETERMINED PURSUANT TO  THIS  SUBDIVISION.    ONE-TWELFTH  OF  THE
SUPPLEMENTAL MILITARY RETIREMENT ALLOWANCE SHALL BE ADDED TO THE RETIRE-
MENT  ALLOWANCE  OF SUCH PERSON EACH MONTH. THE BENEFIT PAYABLE PURSUANT
TO THIS SECTION SHALL COMMENCE ON THE NEXT RETIREMENT ALLOWANCE  PAYABLE
AT  LEAST  THIRTY  DAYS  AFTER  THE  RECEIPT OF AN APPLICATION FROM SUCH
PERSON. FOR THE PURPOSES OF THIS SUBDIVISION, RETIREMENT ALLOWANCE SHALL
EXCLUDE ANY ANNUITY DERIVED FROM VOLUNTARY  CONTRIBUTIONS  MADE  BY  THE
INDIVIDUAL,  EXCEPT  THOSE  MADE PURSUANT TO ELECTIONS UNDER SUBDIVISION

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

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.