Assembly Bill A7136

2009-2010 Legislative Session

Provides that an eligible member of the public retirement system may buy service credit for certain military service with two years of credited service

download bill text pdf

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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2009-A7136 (ACTIVE) - Details

See Senate Version of this Bill:
S3548
Current Committee:
Assembly Governmental Employees
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §1000, R & SS L
Versions Introduced in Other Legislative Sessions:
2011-2012: A2055, S168
2013-2014: A4936

2009-A7136 (ACTIVE) - Summary

Provides that an eligible member of the public retirement system may buy service credit for certain military service with two years of credited service.

2009-A7136 (ACTIVE) - Bill Text download pdf 

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

                                  7136

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                             March 25, 2009
                               ___________

Introduced  by M. of A. CUSICK, ORTIZ, TOWNS, PHEFFER -- Multi-Sponsored
  by -- M. of A.   COLTON, TITONE --  read  once  and  referred  to  the
  Committee on Governmental Employees

AN  ACT  to amend the retirement and social security law, in relation to
  allowing an eligible member of the public retirement system to  obtain
  service  credit  for  certain  military service if such person has two
  years of credited service

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

  Section  1. Subdivision 3 of section 1000 of the retirement and social
security law, as added by chapter 548 of the laws of 2000, is amended to
read as follows:
  3. A member must have at least [five] TWO years  of  credited  service
(not  including  service  granted  hereunder)  to be eligible to receive
credit under this section.
  S 2. This act shall take effect immediately.
  FISCAL NOTE.--This bill would amend Chapter 548 of the laws of 2000 to
allow members who have at least two (2) years  of  credited  service  to
purchase service credit for military service. Previously a member needed
at  least  five (5) years of credited service to be eligible to purchase
such service credit.
  For members that purchase military service credit who ordinarily would
not have attained five years of service credit, the additional  military
service credit could provide a vested retirement benefit where a retire-
ment benefit would not have existed.
  Insofar as this bill would affect the New York State and Local Employ-
ees'  Retirement System and the New York State and Local Police and Fire
Retirement System, there will be a cost for such members. Such cost will
depend on the plan coverage, salary and age of the members who  will  be
receiving an increased benefit. This cost will be shared by the State of
New York and all participating employers in the New York State and Local

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01959-02-9

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