Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Nov 20, 2015 |
signed chap.510 |
Nov 10, 2015 |
delivered to governor |
Jun 17, 2015 |
returned to senate passed assembly ordered to third reading rules cal.482 substituted for a7834 |
Jun 17, 2015 |
substituted by s5692 |
Jun 15, 2015 |
ordered to third reading rules cal.482 rules report cal.482 reported reported referred to rules |
Jun 10, 2015 |
reported referred to ways and means |
May 28, 2015 |
referred to governmental employees |
Assembly Bill A7834
Signed By Governor2015-2016 Legislative Session
Sponsored By
DENDEKKER
Archive: Last Bill Status Via S5692 - 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
co-Sponsors
Phillip Goldfeder
2015-A7834 (ACTIVE) - Details
- See Senate Version of this Bill:
- S5692
- Law Section:
- Retirement and Social Security Law
- Laws Affected:
- Amd ยงยง601 & 613, R & SS L
2015-A7834 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7834 2015-2016 Regular Sessions I N A S S E M B L Y May 28, 2015 ___________ Introduced by M. of A. DenDEKKER, GOLDFEDER -- read once and referred to the Committee on Governmental Employees AN ACT to amend the retirement and social security law, in relation to the definition of wages earned from multiple employers and of plan year for the New York city retirement systems THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision l of section 601 of the retirement and social security law, as amended by chapter 18 of the laws of 2012, is amended to read as follows: l. "Wages" shall mean regular compensation earned by and paid to a member by a public employer, except that for members who first join the New York state and local employees' retirement system or the New York state teachers' retirement system on or after January first, two thou- sand ten, overtime compensation paid in any year in excess of the over- time ceiling, as defined by this subdivision, shall not be included in the definition of wages. "Overtime compensation" shall mean, for purposes of this section, compensation paid under any law or policy under which employees are paid at a rate greater than their standard rate for additional hours worked beyond those required, including compensation paid under section one hundred thirty-four of the civil service law and section ninety of the general municipal law. The "over- time ceiling" shall mean fifteen thousand dollars per annum on January first, two thousand ten, and shall be increased by three per cent each year thereafter, provided, however, that for members who first become members of a public retirement system of the state on or after April first, two thousand twelve, "overtime ceiling" shall mean fifteen thou- sand dollars per annum on April first, two thousand twelve, and shall be increased each year thereafter by a percentage to be determined annually by reference to the consumer price index (all urban consumers, CPI-U, U.S. city average, all items, 1982-84=100), published by the United EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11344-01-5
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