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Assembly Bill A10920

2009-2010 Legislative Session

Provides temporary retirement incentive for certain public employees

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Archive: Last Bill Status - In Assembly Committee

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2009-A10920 (ACTIVE) - Details

Current Committee:
Assembly Governmental Employees
Law Section:
Retirement

2009-A10920 (ACTIVE) - Summary

Provides temporary retirement incentive for certain public employees; extends 55/25 benefit conferred to teachers and school administrators.

2009-A10920 (ACTIVE) - Sponsor Memo

2009-A10920 (ACTIVE) - Bill Text download pdf

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

                                  10920

                          I N  A S S E M B L Y

                             April 30, 2010
                               ___________

Introduced by M. of A. GUNTHER, CALHOUN -- read once and referred to the
  Committee on Governmental Employees

AN  ACT  to  provide  temporary  retirement incentive for certain public
  employees

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

  Section  1.  This  act  enacts into law components of legislation that
would establish an age 55/25  temporary  incentive  for  certain  public
employees.
  S 2. Legislative findings. The legislature finds and declares that the
retirement benefit for certain public employees who are above age 55 and
with 25 years of service provided for in this act is intended only to be
temporary in nature for employees who are eligible to receive and quali-
fy  for the applicable benefit during the applicable time periods speci-
fied in this act. Further, nothing in this act  shall  be  construed  to
create  an  expectation of a future or continuing retirement benefit for
any public employee who is not eligible to receive and qualify  for  the
retirement benefits herein during the applicable time periods.
  S  3.  Definitions.  As  used  in this act, unless the context clearly
requires otherwise:
  (a) "Retirement system" means the New York state and local  employees'
retirement system and the New York state teachers' retirement system.
  (b)  "Teachers'  retirement system" means the New York state teachers'
retirement system.
  (c) "Participating employer" means a public school district  or  board
of cooperative educational services district.
  (d)  "Educational  employer" means a participating employer which is a
school district, a board of cooperative educational  services,  a  voca-
tional education and extension board, an institution for the instruction
of the deaf and of the blind as enumerated in section 4201 of the educa-
tion law, or a school district as enumerated in section 1 of chapter 566
of  the  laws of 1967, as amended; who employ members who hold positions
represented by the recognized  collective  bargaining  units  affiliated
with  the  New  York  state  united  teachers  employee organization who

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

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