Senate Bill S5091

Vetoed By Governor
2013-2014 Legislative Session

Relates to an optional twenty year retirement plan for members of the New York state and local police and fire retirement system

download bill text pdf

Sponsored By

Archive: Last Bill Status - Vetoed by Governor


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Vetoed By Governor
  • Signed By Governor

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2013-S5091 (ACTIVE) - Details

See Assembly Version of this Bill:
A7822
Law Section:
Retirement and Social Security Law
Laws Affected:
Add §384-f, R & SS L; add §8-a, Part A of Chap 504 of 2009

2013-S5091 (ACTIVE) - Summary

Relates to an optional twenty year retirement plan for members of the New York state and local police and fire retirement system.

2013-S5091 (ACTIVE) - Sponsor Memo

2013-S5091 (ACTIVE) - Bill Text download pdf

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

                                  5091

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               May 8, 2013
                               ___________

Introduced  by Sen. GALLIVAN -- 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, relating  to  an
  optional twenty-year retirement plan for members of the New York state
  and  local  police and fire retirement system and to amend chapter 504
  of the laws of 2009, amending the retirement and social  security  law
  relating to police and fire retirement provisions

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

  Section 1. The retirement and social security law is amended by adding
a new section 384-f to read as follows:
  S 384-F. OPTIONAL TWENTY-YEAR RETIREMENT PLAN FOR MEMBERS OF  THE  NEW
YORK  STATE  POLICE  AND  FIRE RETIREMENT SYSTEM. A. NOTWITHSTANDING THE
PROVISIONS OF ANY GENERAL, SPECIAL OR LOCAL LAW OR CODE TO THE CONTRARY,
ANY MEMBER OF THE NEW YORK STATE POLICE AND FIRE RETIREMENT SYSTEM WHOSE
MEMBERSHIP IN SUCH RETIREMENT SYSTEM COMMENCED BETWEEN JULY  FIRST,  TWO
THOUSAND  NINE  AND  MARCH  THIRTY-FIRST  TWO THOUSAND TWELVE AND IS NOT
SUBJECT TO THE TERMS OF AN AGREEMENT AS DEFINED BY SUBDIVISION TWELVE OF
SECTION TWO HUNDRED ONE OF THE CIVIL SERVICE LAW, MAY ELECT TO  CONTRIB-
UTE  TO SUCH RETIREMENT SYSTEM PURSUANT TO SECTION THREE HUNDRED EIGHTY-
FOUR-D OF THIS TITLE, IF HIS OR HER EMPLOYER HAS PREVIOUSLY  ELECTED  TO
MAKE  THE  BENEFITS OF SECTION THREE HUNDRED EIGHTY-FOUR-D OF THIS TITLE
AVAILABLE TO ITS MEMBERS.
  B. ANY MEMBER WHO ELECTS TO CONTRIBUTE PURSUANT TO THIS SECTION  SHALL
NOT  BE  REQUIRED  TO MAKE CONTRIBUTIONS PURSUANT TO ARTICLE FOURTEEN OF
THIS CHAPTER OR SECTION TWELVE HUNDRED FOUR OF THIS CHAPTER.
  C. NOTWITHSTANDING THE PROVISIONS OF SUBDIVISION A  OF  SECTION  THREE
HUNDRED  EIGHTY-FOUR-D  OF  THIS  TITLE ANY MEMBER WHO SEEKS TO ELECT TO
CONTRIBUTE PURSUANT TO THIS SECTION MAY DO SO WITHIN  SIX  MONTHS  AFTER
THE  MEMBER  BECOMES  A  MEMBER OF SUCH RETIREMENT SYSTEM, OR WITHIN SIX
MONTHS AFTER HIS OR HER EMPLOYER ELECTS TO MAKE THE BENEFITS OF  SECTION

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10850-01-3
              

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