Assembly Bill A8058

2013-2014 Legislative Session

Provides a temporary retirement incentive and payment incentive for certain employees of the state university of New York health science center at Brooklyn

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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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2013-A8058 (ACTIVE) - Details

Current Committee:
Assembly Governmental Employees
Law Section:
Retirement and Social Security Law
Laws Affected:
Add Art 19-B §§920 - 922, R & SS L

2013-A8058 (ACTIVE) - Summary

Provides a temporary retirement incentive and payment incentive for certain employees of the state university of New York health science center at Brooklyn.

2013-A8058 (ACTIVE) - Bill Text download pdf

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

                                  8058

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                              June 17, 2013
                               ___________

Introduced  by  M. of A. BRENNAN, PERRY -- read once and referred to the
  Committee on Governmental Employees

AN ACT to amend the retirement and social security law, in  relation  to
  providing  a  temporary retirement incentive and payment incentive for
  certain public employees of the state university of  New  York  health
  science center at Brooklyn

  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 article 19-B to read as follows:
                              ARTICLE 19-B
            BENEFIT ENHANCEMENTS FOR CERTAIN EMPLOYEES OF THE
           STATE UNIVERSITY OF NEW YORK HEALTH SCIENCE CENTER
                               AT BROOKLYN
SECTION 920. BENEFIT ENHANCEMENT.
        921. FIFTY-FIVE/TWENTY-FIVE YEARS RETIREMENT INCENTIVE.
        922. PAYMENT INCENTIVE.
  S 920. BENEFIT ENHANCEMENT.  A.  DEFINITIONS.  FOR  PURPOSES  OF  THIS
SECTION:
  1.  "RETIREMENT  SYSTEM" MEANS THE NEW YORK STATE AND LOCAL EMPLOYEES'
RETIREMENT SYSTEM AND THE NEW YORK STATE TEACHERS' RETIREMENT SYSTEM.
  2. "TEACHERS' RETIREMENT SYSTEM" MEANS THE NEW  YORK  STATE  TEACHERS'
RETIREMENT SYSTEM.
  3. "OPTIONAL RETIREMENT PROGRAM" MEANS THE PROGRAMS ESTABLISHED PURSU-
ANT  TO  THE PROVISIONS OF SECTION ONE HUNDRED EIGHTY-ONE, THREE HUNDRED
NINETY-ONE OR SIXTY-TWO HUNDRED  FIFTY-ONE  OF  THE  EDUCATION  LAW;  OR
CONTINUED  PURSUANT  TO  SECTION THREE OF CHAPTER NINE HUNDRED EIGHTY OF
THE LAWS OF NINETEEN HUNDRED SIXTY-TWO.
  4. "PARTICIPATING EMPLOYER" OR "APPOINTING AUTHORITY" MEANS THE  STATE
UNIVERSITY OF NEW YORK.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10006-09-3

              

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