Senate Bill S8925

2023-2024 Legislative Session

Establishes a commission to reform tier VI membership status in the New York state and local employees' retirement system

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Sponsored By

Current Bill Status - In Senate Committee Civil Service And Pensions 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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2023-S8925 (ACTIVE) - Details

Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement

2023-S8925 (ACTIVE) - Summary

Establishes a temporary commission to reform and improve tier VI membership status in the New York state and local employees' retirement system.

2023-S8925 (ACTIVE) - Sponsor Memo

2023-S8925 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8925
 
                             I N  S E N A T E
 
                              March 28, 2024
                                ___________
 
 Introduced  by  Sen.  WEIK  --  read twice and ordered printed, and when
   printed to be committed to the Committee on Civil Service and Pensions
 
 AN ACT in relation to establishing a temporary commission to reform tier
   VI status in the  New  York  state  and  local  employees'  retirement
   system; and providing for the repeal of such provisions upon the expi-
   ration thereof

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Legislative findings. The legislature finds that the enact-
 ment of chapter 18 of the laws of  2012  has  caused  severe  employment
 recruitment  and  retention  shortages throughout the New York state and
 local public workforce. These shortages have caused  massive  reductions
 in  the  size of the public workforce, significant increases in overtime
 costs, and unacceptable delays to the citizens of the state.
   Further, New York state and local governments also face a coming  wave
 of  retirements, with over one-quarter of the current workforce eligible
 to retire in the next five years. These retirements will further exacer-
 bate worker shortages and overtime costs to unsustainable levels.
   It is incumbent on the state to proactively  address  these  near-term
 workforce management challenges to maintain acceptable levels of govern-
 ment service delivery to all New York state residents.
   §  2.  Temporary  state commission to reform tier VI status in the New
 York state and local employees' retirement system. 1. A temporary  state
 commission is hereby created to reform and improve tier VI status in the
 New York state and local employees' retirement system.
   2.  The  commission  shall consist of nine members, to be appointed as
 follows: five shall be appointed by the governor; one shall be appointed
 by the temporary president of the senate; one shall be appointed by  the
 minority  leader of the senate; one shall be appointed by the speaker of
 the assembly; and one shall be appointed by the minority leader  of  the
 assembly.
   3.  The commission may employ and at pleasure remove such personnel as
 it may deem necessary for the performance of its functions and fix their
 compensation within the amounts made available therefor.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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