Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Feb 05, 2010 |
print number 2340a |
Feb 05, 2010 |
amend and recommit to civil service and pensions |
Jan 06, 2010 |
referred to civil service and pensions |
Feb 18, 2009 |
referred to civil service and pensions |
Senate Bill S2340
2009-2010 Legislative Session
Sponsored By
(D, IP) Senate District
Archive: Last 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
Actions
Bill Amendments
co-Sponsors
(D) Senate District
(D) Senate District
(D, WF) Senate District
(D) Senate District
2009-S2340 - Details
- Current Committee:
- Senate Civil Service And Pensions
- Law Section:
- Retirement and Social Security Law
- Laws Affected:
- Amd §§442, 503 & 603, R & SS L
2009-S2340 - Sponsor Memo
BILL NUMBER: S2340 TITLE OF BILL : An act to amend the retirement and social security law, in relation to eligibility for retirement of members of the New York state and local employees' retirement system PURPOSE : Allows Tier II, III and IV members of the New York State & Local Employees' Retirement System (ERS) to retire with unreduced benefits upon completing 35 years of total service, without regard to age. SUMMARY OF PROVISIONS : Amends Section 442, Section 503 and Section 603 of the Retirement and Social Security Law. JUSTIFICATION : This legislation would allow all members of the ERS to retire upon completion of 35 or more years of credited service with no age requirements. Currently, Tier II, III and IV members must wait until age 62 to retire, or age 55 with 30 years of service, or face a penalty in their pension. Tier I employees however, may retire at age 55 without regard to age. This bill will align the later tiers more closely with
2009-S2340 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2340 2009-2010 Regular Sessions I N S E N A T E February 18, 2009 ___________ Introduced by Sen. SAVINO -- 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 eligibility for retirement of members of the New York state and local employees' retirement system THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 442 of the retirement and social security law is amended by adding a new subdivision c to read as follows: C. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, A MEMBER OF THE NEW YORK STATE AND LOCAL EMPLOYEES' RETIREMENT SYSTEM MAY RETIRE WITHOUT REDUCTION OF HIS OR HER RETIREMENT BENEFIT UPON COMPLETION OF AT LEAST THIRTY-FIVE OR MORE YEARS OF SERVICE REGARDLESS OF AGE. S 2. Section 503 of the retirement and social security law is amended by adding a new subdivision e to read as follows: E. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, A MEMBER OF THE NEW YORK STATE AND LOCAL EMPLOYEES' RETIREMENT SYSTEM MAY RETIRE WITHOUT REDUCTION OF HIS OR HER RETIREMENT BENEFIT UPON COMPLETION OF AT LEAST THIRTY-FIVE OR MORE YEARS OF SERVICE REGARDLESS OF AGE. S 3. Section 603 of the retirement and social security law is amended by adding a new subdivision t to read as follows: T. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, A MEMBER OF THE NEW YORK STATE AND LOCAL EMPLOYEES' RETIREMENT SYSTEM MAY RETIRE WITHOUT REDUCTION OF HIS OR HER RETIREMENT BENEFIT UPON COMPLETION OF AT LEAST THIRTY-FIVE OR MORE YEARS OF SERVICE REGARDLESS OF AGE. S 4. This act shall take effect immediately and shall be deemed to be in full force and effect on and after June 30, 2009, provided, however, that the amendments to sections 503 and 603 of the retirement and social security law made by sections two and three of this act shall expire on the same date as such sections expire pursuant to section 615 of such law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05611-01-9
co-Sponsors
(D) Senate District
(D) Senate District
(D) Senate District
2009-S2340A (ACTIVE) - Details
- Current Committee:
- Senate Civil Service And Pensions
- Law Section:
- Retirement and Social Security Law
- Laws Affected:
- Amd §§442, 503 & 603, R & SS L
2009-S2340A (ACTIVE) - Sponsor Memo
BILL NUMBER: S2340A TITLE OF BILL : An act to amend the retirement and social security law, in relation to eligibility for retirement of members of the New York state and local employees' retirement system PURPOSE : Allows Tier II, III and IV members of the New York State & Local Employees' Retirement System (ERS) to retire with unreduced benefits upon completing 35 years of total service, without regard to age. SUMMARY OF PROVISIONS : Amends Section 442, Section 503 and Section 603 of the Retirement and Social security Law. JUSTIFICATION : This legislation would allow all members of the ERS to retire upon completion of 35 or more years of credited service with no age requirements. Currently, Tier II, III and IV members must wait until age 62 to retire, or age 55 with 30 years of service, or face a penalty in their pension. Tier I employees however, may retire at age 55 without regard to age. This bill will align the later tiers more closely with Tier I
2009-S2340A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2340--A 2009-2010 Regular Sessions I N S E N A T E February 18, 2009 ___________ Introduced by Sens. SAVINO, DIAZ, DILAN, MONSERRATE, ONORATO -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions -- recommitted to the Commit- tee on Civil Service and Pensions in accordance with Senate Rule 6, sec. 8 -- 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 eligibility for retirement of members of the New York state and local employees' retirement system THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 442 of the retirement and social security law is amended by adding a new subdivision c to read as follows: C. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, A MEMBER OF THE NEW YORK STATE AND LOCAL EMPLOYEES' RETIREMENT SYSTEM MAY RETIRE WITHOUT REDUCTION OF HIS OR HER RETIREMENT BENEFIT UPON COMPLETION OF AT LEAST THIRTY-FIVE OR MORE YEARS OF SERVICE REGARDLESS OF AGE. S 2. Section 503 of the retirement and social security law is amended by adding a new subdivision e to read as follows: E. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, A MEMBER OF THE NEW YORK STATE AND LOCAL EMPLOYEES' RETIREMENT SYSTEM MAY RETIRE WITHOUT REDUCTION OF HIS OR HER RETIREMENT BENEFIT UPON COMPLETION OF AT LEAST THIRTY-FIVE OR MORE YEARS OF SERVICE REGARDLESS OF AGE. S 3. Section 603 of the retirement and social security law is amended by adding a new subdivision u to read as follows: U. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, A MEMBER OF THE NEW YORK STATE AND LOCAL EMPLOYEES' RETIREMENT SYSTEM MAY RETIRE WITHOUT REDUCTION OF HIS OR HER RETIREMENT BENEFIT UPON COMPLETION OF AT LEAST THIRTY-FIVE OR MORE YEARS OF SERVICE REGARDLESS OF AGE. S 4. This act shall take effect immediately and shall be deemed to be in full force and effect on and after June 30, 2010. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05611-05-0
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.