This bill has been amended

Bill S7256-2013

Relates to allowing members of the NYSLPFRS to receive credit for service rendered with Metro-North, the L.I. Railroad or MTA

Allows any police officer who was employed by the Metropolitan Transportation Authority, the Long Island Railroad Company or the Metro-North Commuter Railroad Company and who is a member of the MTA police retirement program to transfer his or her membership to the New York State and Local Police and Fire Retirement System.

Details

Actions

  • May 28, 2014: REPORTED AND COMMITTED TO FINANCE
  • May 8, 2014: REFERRED TO CIVIL SERVICE AND PENSIONS

Meetings

Votes

VOTE: COMMITTEE VOTE: - Civil Service and Pensions - May 28, 2014
Ayes (9): Golden, Hannon, Lanza, Ritchie, Savino, Sanders, Addabbo, Dilan, Perkins
Ayes W/R (2): Martins, Maziarz

Memo

BILL NUMBER:S7256

TITLE OF BILL: An act to amend the retirement and social security law, in relation to providing prior police service credit for police officers employed by employers not participating in the New York state and local police and fire retirement system who are hired by the state or a participating employer in the New York state and local police and fire retirement system

PURPOSE: This bill would allow certain police members of the New York State and Local Police and Fire Retirement System to receive service credit for service rendered with the Metro-North Commuter Railroad Company, the Long Island Railroad Company and the Metropolitan Transportation Authority. Such members must render at least two years of service with a participating employer to receive credit for such service.

SUMMARY OF PROVISIONS: Amends Subdivision b of section 341 of the Retirement and Social Security Law through the addition of a new paragraph 9.

JUSTIFICATION: Many police officers employed by municipalities and public authorities in New York State, switch employment at some time in their career to take advantage of a promotional opportunity or to otherwise improve their career status. This legislation would allow for service with Metro-North, the LIRR and the MTA to be credited in other similar employment in the State.

LEGISLATIVE HISTORY: S.5406/A.5965 of 8008 - Passed Senate/ Assembly Ways and Means S.5406/A.5965 of 2007 - Passed Senate/Assembly Gov. Employees S.7800/A.8548-A of 2006 - Passed Senate/Assembly Gov. Employees

FISCAL IMPLICATIONS: See fiscal note.

EFFECTIVE DATE: This act shall take effect immediately.


Text

STATE OF NEW YORK ________________________________________________________________________ 7256 IN SENATE May 8, 2014 ___________
Introduced by Sen. GOLDEN -- 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 prior police service credit for police officers employed by employers not participating in the New York state and local police and fire retirement system who are hired by the state or a participating employer in the New York state and local police and fire retirement system THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision b of section 341 of the retirement and social security law is amended by adding a new paragraph 9 to read as follows: 9. NOTWITHSTANDING THE FOREGOING PROVISIONS OF THIS SUBDIVISION, ANY POLICE EMPLOYEE WHO HAD PRIOR POLICE SERVICE WITH THE METRO-NORTH COMMU- TER RAILROAD COMPANY, THE LONG ISLAND RAILROAD COMPANY OR THE METROPOL- ITAN TRANSPORTATION AUTHORITY SHALL BE GIVEN CREDIT FOR SUCH SERVICE WHEN HE OR SHE RENDERS AT LEAST TWO YEARS OF MEMBER SERVICE WITH THE STATE OR ANY PARTICIPATING EMPLOYER. S 2. This act shall take effect immediately. FISCAL NOTE.--Pursuant to Legislative Law, Section 50: This bill would allow members of the New York State and Local Police and Fire Retirement System (PFRS) to receive service credit for service rendered with the Metro-North Commuter Railroad Company, the Long Island Railroad Company or the Metropolitan Transportation Authority. Such members must render at least two (2) years of service with a participat- ing employer to receive credit for such service. The number of members who could be affected by this legislation cannot be readily determined. If this bill is enacted, there would be a past service cost on behalf of each member with such service, and would depend on the member's age, credited service, plan, salary and the amount of the additional service credit being granted. It is estimated that the past service cost will average approximately 20% of an affected members' compensation for each such year of additional service. This cost would be reduced by the

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. 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.

Discuss!

blog comments powered by Disqus