Assembly Bill A11619

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

                                  11619

                          I N  A S S E M B L Y

                              July 6, 2010
                               ___________

Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Cusick) --
  read once and referred to the Committee on Governmental Employees

AN ACT relating to a waiver of earnings limitation for certain  retirees
  of  the New York state and local police and fire retirement system who
  are employed by the city university of New York

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

  Section  1.  Notwithstanding any other provision of general or special
law, local law and/or charter, the earnings limitations contained in any
such general or special law, local law and/or charter and applicable  to
the  employment  of persons in a position or positions in public service
in any calendar year while retired and receiving a retirement  allowance
shall  not  apply  to  any person employed by the city university of New
York during the whole of any calendar year beginning with  the  calendar
year  in  which  this  act  shall  have become a law and such person may
continue as retired and without loss, suspension or diminution of his or
her retirement allowance, provided that: (a) such person retired while a
member of the New York state and local policemen's and firemen's retire-
ment system or the New York city police pension fund; (b) such person is
entitled to receive a retirement allowance from such  retirement  system
immediately  prior  to  the  commencement date of such employment by the
city university of New York, as the case may be; and  (c)  such  retired
person  is  granted  a  waiver  of retirement earnings limitation by the
chancellor of the city university of New York, if such person  is  hired
as  a  member  of  the faculty, university security director, or college
security director, as the case may be.
  S 2. This act shall take effect January 1, 2011.
  FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
  This bill will allow certain retired members of the New York State and
Local Police and Fire Retirement System or  the  New  York  City  Police
Pension  Fund,  to work for the City University of New York and continue
to receive their retirement benefit provided they are granted  a  waiver
of  retirement earnings limitation by the Chancellor of the City Univer-
sity of New York.

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

                                                           LBD17728-02-0

A. 11619                            2

  If this bill is enacted, insofar as it will affect the New York  State
and  Local  Police and Fire Retirement System, we expect few retirees to
be affected. There would be negligible additional annual costs.
  This  estimate,  dated June 24, 2010, and intended for use only during
the 2010 Legislative Session, is Fiscal Note No. 2010-177,  prepared  by
the  Actuary for the New York State and Local Police and Fire Retirement
System.