Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Dec 18, 2013 |
signed chap.520 |
Dec 06, 2013 |
delivered to governor |
Jun 20, 2013 |
returned to assembly passed senate 3rd reading cal.1531 substituted for s4761a |
Jun 20, 2013 |
substituted by a4983a ordered to third reading cal.1531 committee discharged and committed to rules |
Jun 03, 2013 |
print number 4761a |
Jun 03, 2013 |
amend and recommit to civil service and pensions |
Apr 22, 2013 |
referred to civil service and pensions |
Senate Bill S4761A
Signed By Governor2013-2014 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status Via A4983 - 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-S4761 - Details
- See Assembly Version of this Bill:
- A4983
- Law Section:
- Retirement and Social Security Law
- Laws Affected:
- Amd §§448, 508 & 606, R & SS L
2013-S4761 - Sponsor Memo
BILL NUMBER:S4761 TITLE OF BILL: An act to amend the retirement and social security law, in relation to clarifying the maximum salary which may be used to calculate the ordinary death benefit of members of the public retirement systems of the state Purpose of the Bill: This bill is intended to clarify the maximum salary which may be used in the calculation of the paragraph 2 ordinary death benefit pursuant to Retirement and Social Security Law §§ 448(c), 508(c) and 606(c). Summary and Justification: This bill amends Retirement and Social Security Law §§ 448(c), 508(c) and 606(c) to clarify the maximum salary used to calculate the ordinary death benefit for members with a date of membership on or after July 1, 1973. Currently, these provisions specify that the paragraph 2 death benefit is to be calculated using the member's regular compensation earned during the member's last twelve months of service in full pay status as a member, provided such salary shall exclude any form of termination pay, any lump sum payment for deferred compensation sick leave, any lump sum payment for accumulated vacation credit or any other payment for time not worked. Additionally, for the purposes of the paragraph 2 ordinary death benefit calculation
2013-S4761 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4761 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 retirement and social security law, in relation to clarifying the maximum salary which may be used to calculate the ordi- nary death benefit of members of the public retirement systems of the state THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision c of section 448 of the retirement and social security law, as amended by chapter 510 of the laws of 1974, is amended to read as follows: c. For the purpose of this section, salary shall be the regular compensation earned during the member's last twelve months of service in full pay status as a member or, if he OR SHE had not completed twelve months of service prior to the date of death, but was subject to the provisions of subdivision b of this section, the compensation he OR SHE would have earned had he OR SHE worked for the twelve months prior to such date; provided, however, for the purpose of this section salary shall exclude any form of termination pay (which shall include any compensation in anticipation of retirement), or any lump sum payment for deferred compensation sick leave, or accumulated vacation credit or any other payment for time not worked (other than compensation received while on sick leave or authorized leave of absence) and in no event shall it exceed the maximum salary specified in section one hundred thirty of the civil service law, AS ADDED BY PART B OF CHAPTER TEN OF THE LAWS OF TWO THOUSAND EIGHT, OR THE MAXIMUM SALARY SPECIFIED IN SECTION ONE HUNDRED THIRTY OF THE CIVIL SERVICE LAW, AS HEREAFTER AMENDED, WHICHEVER IS GREATER. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08981-03-3 S. 4761 2
2013-S4761A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A4983
- Law Section:
- Retirement and Social Security Law
- Laws Affected:
- Amd §§448, 508 & 606, R & SS L
2013-S4761A (ACTIVE) - Sponsor Memo
BILL NUMBER:S4761A TITLE OF BILL: An act to amend the retirement and social security law, in relation to clarifying the maximum salary which may be used to calculate the ordinary death benefit of members of the public retirement systems of the state PURPOSE OF THE BILL: This bill is intended to clarify the maximum salary which may be used in the calculation of the paragraph 2 ordinary death benefit pursuant to Retirement and Social Security Law §§ 448(c), 508(c) and 606(c). SUMMARY AND JUSTIFICATION: This bill amends Retirement and Social Security Law §§ 448(c), 508(c) and 606(c) to clarify the maximum salary used to calculate the ordinary death benefit for members with a date of membership on or after July 1, 1973. Currently, these provisions specify that the paragraph 2 death benefit is to be calculated using the member's regular compensation earned during the member's last twelve months of service in full pay status as a member, provided such salary shall exclude any form of termination pay, any lump sum payment for deferred compensation sick leave, any lump sum payment for accumulated vacation credit or any other payment for time not worked. Additionally, for the purposes of the paragraph 2 ordinary death benefit calculation
2013-S4761A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4761--A 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 -- 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 clarifying the maximum salary which may be used to calculate the ordi- nary death benefit of members of the public retirement systems of the state THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision c of section 448 of the retirement and social security law, as amended by chapter 510 of the laws of 1974, is amended to read as follows: c. For the purpose of this section, salary shall be the regular compensation earned during the member's last twelve months of service in full pay status as a member or, if he OR SHE had not completed twelve months of service prior to the date of death, but was subject to the provisions of subdivision b of this section, the compensation he OR SHE would have earned had he OR SHE worked for the twelve months prior to such date; provided, however, for the purpose of this section salary shall exclude any form of termination pay (which shall include any compensation in anticipation of retirement), or any lump sum payment for deferred compensation sick leave, or accumulated vacation credit or any other payment for time not worked (other than compensation received while on sick leave or authorized leave of absence) and in no event shall it exceed the maximum salary specified in section one hundred thirty of the civil service law, AS ADDED BY PART B OF CHAPTER TEN OF THE LAWS OF TWO THOUSAND EIGHT, OR THE MAXIMUM SALARY SPECIFIED IN SECTION ONE HUNDRED THIRTY OF THE CIVIL SERVICE LAW, AS HEREAFTER AMENDED, WHICHEVER IS GREATER. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08981-11-3
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