Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Dec 18, 2013 |
signed chap.522 |
Dec 06, 2013 |
delivered to governor |
Jun 20, 2013 |
returned to assembly passed senate 3rd reading cal.1526 substituted for s4186a |
Jun 20, 2013 |
substituted by a6578a ordered to third reading cal.1526 committee discharged and committed to rules |
May 21, 2013 |
print number 4186a |
May 21, 2013 |
amend and recommit to civil service and pensions |
Mar 13, 2013 |
referred to civil service and pensions |
Senate Bill S4186A
Signed By Governor2013-2014 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status Via A6578 - 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
Bill Amendments
2013-S4186 - Details
2013-S4186 - Sponsor Memo
BILL NUMBER:S4186 TITLE OF BILL: An act to amend the retirement and social security law, in relation to refunding contributions made to the twenty-five year early retirement program and the age fifty-seven retirement program by New York city transit authority members PURPOSE: This bill provides for the refund of certain member contributions made under the transit 57/25 program. SUMMARY OF PROVISIONS: Section1- Amends subdivision d of section 604-c of the retirement and social security law by adding a new paragraph 15. Section 2- Amends section 604-d of the retirement and social security law by adding a new paragraph 15. In both amendments, paragraph 15 entitles eligible former participants to a refund of a portion of his/her additional member contributions, including accrued interest at a rate of 5% per annum, upon completion of an application to be established by the New York State Employees' Retirement System's Board of Trustees. Defines this eligible participant as someone who is or was employed in a title represented for purposes of collective bargaining by an employee organization representing a majority of supervisory employees in the NYCTA's
2013-S4186 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4186 2013-2014 Regular Sessions I N S E N A T E March 13, 2013 ___________ Introduced by Sen. DILAN -- 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 refunding contributions made to the twenty-five year early retirement program and the age fifty-seven retirement program by New York city transit authority members THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision d of section 604-c of the retirement and social security law, as added by chapter 96 of the laws of 1995, is amended by adding a new paragraph 15 to read as follows: 15. AN ELIGIBLE FORMER PARTICIPANT, AS DEFINED IN THIS PARAGRAPH, SHALL BE ENTITLED TO A REFUND OF THE EMPLOYEE PORTION OF HIS OR HER ADDITIONAL MEMBER CONTRIBUTIONS MADE PURSUANT TO THIS SUBDIVISION WHICH SHALL INCLUDE ANY AND ALL INTEREST THEREON AT THE RATE OF FIVE PERCENT PER ANNUM, COMPOUNDED ANNUALLY AND SUCH REFUND SHALL BE PAYABLE, UPON SUCH PARTICIPANT'S APPLICATION PURSUANT TO PROCEDURES PROMULGATED IN REGULATIONS OF THE BOARD OF TRUSTEES OF THE RETIREMENT SYSTEM. AN ELIGI- BLE FORMER PARTICIPANT SHALL BE A PARTICIPANT WHO IS OR WAS EMPLOYED IN A TITLE REPRESENTED FOR PURPOSES OF COLLECTIVE BARGAINING BY AN EMPLOYEE ORGANIZATION REPRESENTING A MAJORITY OF SUPERVISORY EMPLOYEES IN THE NEW YORK CITY TRANSIT AUTHORITY'S STATIONS DEPARTMENT, RECOGNIZED OR CERTI- FIED PURSUANT TO ARTICLE FOURTEEN OF THE CIVIL SERVICE LAW, AND WHO, ON OCTOBER FIRST, TWO THOUSAND SIX, WAS EMPLOYED BY THE NEW YORK CITY TRAN- SIT AUTHORITY IN SUCH TITLE AND WHO WAS A PARTICIPANT IN THE TWENTY-FIVE YEAR EARLY RETIREMENT PROGRAM PRIOR TO THE STARTING DATE OF THE ELIMI- NATION OF ADDITIONAL MEMBER CONTRIBUTIONS, AS SUCH DATE IS DEFINED IN AN ELECTION MADE PURSUANT TO PARAGRAPH TEN OF SUBDIVISION E OF SECTION SIX HUNDRED FOUR-B OF THIS ARTICLE. S 2. Subdivision f of section 604-d of the retirement and social secu- rity law is amended by adding a new paragraph 15 to read as follows: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09787-01-3
2013-S4186A (ACTIVE) - Details
2013-S4186A (ACTIVE) - Sponsor Memo
BILL NUMBER:S4186A TITLE OF BILL: An act to amend the retirement and social security law, in relation to refunding contributions made to the twenty-five year early retirement program and the age fifty-seven retirement program by New York city transit authority members PURPOSE: This bill provides for the refund of certain member contributions made under the transit 55/25 program. SUMMARY OF PROVISIONS: Section 1- Amends subdivision d of section 604-c of the retirement and social security law by adding a new paragraph 15. Section 2- Amends section 604-d subdivision f of the retirement and social security law by adding a new paragraph 15. In both amendments, Paragraph 15 entitles eligible former participants to a refund of a portion of his/her additional member contributions, including accrued interest at a rate of 5% per annum, upon completion of an application to be established by the New York City Employees' Retirement System's Board of Trustees. Defines this eligible participant as someone who is or was employed in a title represented
2013-S4186A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4186--A 2013-2014 Regular Sessions I N S E N A T E March 13, 2013 ___________ Introduced by Sen. DILAN -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the retirement and social security law, in relation to refunding contributions made to the twenty-five year early retirement program and the age fifty-seven retirement program by New York city transit authority members THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision d of section 604-c of the retirement and social security law, as added by chapter 96 of the laws of 1995, is amended by adding a new paragraph 15 to read as follows: 15. AN ELIGIBLE FORMER PARTICIPANT, AS DEFINED IN THIS PARAGRAPH, SHALL BE ENTITLED TO A REFUND OF THE EMPLOYEE PORTION OF HIS OR HER ADDITIONAL MEMBER CONTRIBUTIONS MADE PURSUANT TO THIS SUBDIVISION WHICH SHALL INCLUDE ANY AND ALL INTEREST THEREON AT THE RATE OF FIVE PERCENT PER ANNUM, COMPOUNDED ANNUALLY AND SUCH REFUND SHALL BE PAYABLE, UPON SUCH PARTICIPANT'S APPLICATION PURSUANT TO PROCEDURES PROMULGATED IN REGULATIONS OF THE BOARD OF TRUSTEES OF THE RETIREMENT SYSTEM. AN ELIGI- BLE FORMER PARTICIPANT SHALL BE A PARTICIPANT WHO IS OR WAS EMPLOYED IN THE TITLE SUPERVISOR (STATIONS) IN ASSIGNMENT LEVEL II IN THE NEW YORK CITY TRANSIT AUTHORITY'S STATIONS DEPARTMENT, AND WHO, ON OCTOBER FIRST, TWO THOUSAND SIX, WAS EMPLOYED BY THE NEW YORK CITY TRANSIT AUTHORITY IN SUCH TITLE AND WHO WAS A PARTICIPANT IN THE TWENTY-FIVE YEAR EARLY RETIREMENT PROGRAM PRIOR TO THE STARTING DATE OF THE ELIMINATION OF ADDITIONAL MEMBER CONTRIBUTIONS, AS SUCH DATE IS DEFINED IN AN ELECTION MADE PURSUANT TO PARAGRAPH TEN OF SUBDIVISION E OF SECTION SIX HUNDRED FOUR-B OF THIS ARTICLE. S 2. Subdivision f of section 604-d of the retirement and social secu- rity law is amended by adding a new paragraph 15 to read as follows: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09787-03-3
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