NY State Senate Bill 2013-S4755

Senate Bill S4755

Signed By Governor

2013-2014 Legislative Session

Allows the annual convention of the New York state teachers' retirement system to be held in either the month of October or November

download bill text pdf

Archive: Last Bill Status Via A4982 - 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

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Actions

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	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Oct 23, 2013	signed chap.436
Oct 11, 2013	delivered to governor
May 20, 2013	returned to assembly passed senate 3rd reading cal.532 substituted for s4755
May 20, 2013	substituted by a4982
May 08, 2013	advanced to third reading
May 07, 2013	2nd report cal.
May 06, 2013	1st report cal.532
Apr 22, 2013	referred to civil service and pensions

Votes

- May 20, 2013 - Floor Vote
  A4982
  
  63
  
  Aye
  
  0
  
  Nay
  
  0
  
  Absent
  
  0
  
  Excused
  
  0
  
  Abstained
  - - Floor Vote: May 20, 2013
      
      aye (63)
      
      Adams
      
      Addabbo Jr.
      
      Avella
      
      Ball
      
      Bonacic
      
      Boyle
      
      Breslin
      
      Carlucci
      
      DeFrancisco
      
      Diaz
      
      Dilan
      
      Espaillat
      
      Farley
      
      Felder
      
      Flanagan
      
      Fuschillo
      
      Gallivan
      
      Gianaris
      
      Gipson
      
      Golden
      
      Griffo
      
      Grisanti
      
      Hannon
      
      Hassell-Thompson
      
      Hoylman-Sigal
      
      Kennedy
      
      Klein
      
      Krueger
      
      LaValle
      
      Lanza
      
      Larkin
      
      Latimer
      
      Libous
      
      Little
      
      Marcellino
      
      Marchione
      
      Martins
      
      Maziarz
      
      Montgomery
      
      Nozzolio
      
      O'Brien
      
      O'Mara
      
      Parker
      
      Peralta
      
      Perkins
      
      Ranzenhofer
      
      Ritchie
      
      Rivera
      
      Robach
      
      Sampson
      
      Sanders Jr.
      
      Savino
      
      Serrano
      
      Seward
      
      Skelos
      
      Smith
      
      Squadron
      
      Stavisky
      
      Stewart-Cousins
      
      Tkaczyk
      
      Valesky
      
      Young
      
      Zeldin
  May 6, 2013 - Civil Service And Pensions Committee Vote
  S4755
  
  11
  
  Aye
  
  0
  
  Nay
  
  0
  
  Aye with Reservations
  
  0
  
  Absent
  
  0
  
  Excused
  
  0
  
  Abstained
  - - Civil Service And Pensions Committee Vote: May 6, 2013
      
      aye (11)
      
      Addabbo Jr.
      
      Dilan
      
      Fuschillo
      
      Golden
      
      Hannon
      
      Lanza
      
      Martins
      
      Perkins
      
      Ritchie
      
      Sanders Jr.
      
      Savino

2013-S4755 (ACTIVE) - Details

See Assembly Version of this Bill:: A4982
Law Section:: Education Law
Laws Affected:: Amd §505, Ed L

2013-S4755 (ACTIVE) - Summary

Allows the annual convention of the New York state teachers' retirement system to be held in either the month of October or November.

2013-S4755 (ACTIVE) - Sponsor Memo

                                BILL NUMBER:S4755

TITLE OF BILL:  An act to amend the education law, in relation to
allowing the annual convention of the New York state teachers'
retirement system to be held in either the month of October or
November

Purpose of the Bill:

This bill would allow the Retirement Board of the New York State
Teachers' Retirement System to hold the annual convention of members,
which elects the active teacher members of the Board, in either the
month of October or November.

Summary and Justification:

Under Section 505 of the Education Law, the active teacher members of
the Retirement Board of the New York State Teachers' Retirement System
are elected on a rotating basis at an annual convention of delegates
representing the active members of the System. Under the statute, the
convention needs to be held during the month of November. This bill
would amend subdivision 1 of Section 505 of the Education Law to allow
the Retirement Board to hold the annual convention during either
October or November.

Making this change would afford greater flexibility to the Retirement

Board in scheduling the annual convention on a date convenient to
delegates, as well as the Retirement Board and System staff. Such
flexibility would also mitigate difficulties associated with
scheduling the convention around the numerous holidays in November.
Finally, a convention scheduled in October may afford better weather
for delegates who are traveling to the convention from all parts of
New York.

Effective Date of the Bill:

This bill would take effect immediately.

Other Agencies to Whom the Bill May Be of Interest:

Division of the Budget, State Education Department and the State
University of New York.

Budgetary Implications of the Bill:  The Actuary of the New York State
Teachers' Retirement System has estimated that there would be no
annual cost to the employers of members of the New York State
Teachers' Retirement System if this bill is enacted.

NOTE: This bill was prepared under the direction of the New York State
Teachers' Retirement Board and was introduced at its request.

2013-S4755 (ACTIVE) - Bill Text download pdf

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

                                  4755

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                             April 22, 2013
                               ___________

Introduced by Sen. GOLDEN -- (at request of the New York State Teachers'
  Retirement System) -- read twice and ordered printed, and when printed
  to be committed to the Committee on Civil Service and Pensions

AN  ACT  to  amend the education law, in relation to allowing the annual
  convention of the New York state teachers'  retirement  system  to  be
  held in either the month of October or November

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

  Section 1.  Subdivision 1 of section 505 of the    education  law,  as
amended  by  chapter  623  of  the  laws  of 1997, is amended to read as
follows:
  1.  An annual convention of the members of the retirement system shall
be held within the state of New York during  the  month  of  OCTOBER  OR
November,  at an hour and place set by the retirement board on or before
May first of each year, for the  purpose  of  electing  members  of  the
retirement board.
  S 2. This act shall take effect immediately.
  FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
  This  bill  would  amend subdivision 1 of section 505 of the Education
Law to permit the annual convention of  the  New  York  State  Teachers'
Retirement System (NYSTRS) to be held either during the month of October
or November. Currently, the annual convention of the NYSTRS must be held
during the month of November.
  It  is estimated that there will be no annual cost to the employers of
members of the New York State Teachers' Retirement System if  this  bill
is enacted.
  The  source of this estimate is Fiscal Note 2013-3 dated September 19,
2012 prepared by the Actuary of the New York State Teachers'  Retirement
System and is intended for use only during the 2013 Legislative Session.
I,  Richard  A.  Young,  am the Actuary for the New York State Teachers'
Retirement System. I am a member of the American  Academy  of  Actuaries

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08979-01-3

S. 4755                             2

and  I meet the Qualification Standards of the American Academy of Actu-
aries to render the actuarial opinion contained herein.
  NOTE: This bill was prepared under the direction of the New York State
Teachers' Retirement Board and was introduced at its request.

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