Assembly Bill A3426

Vetoed By Governor
2009-2010 Legislative Session

Extends the Tier II provisions to all police officers and firefighters who join a public retirement system on or after July 1, 2009 and prior to July 1, 2011

download bill text pdf

Sponsored By

Archive: Last Bill Status Via S1409 - Vetoed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Vetoed By Governor
  • Signed By Governor

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2009-A3426 (ACTIVE) - Details

See Senate Version of this Bill:
S1409
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd ยง440, R & SS L

2009-A3426 (ACTIVE) - Summary

Extends the Tier II provisions to all police officers and firefighters who join a public retirement system on or after July 1, 2009 and prior to July 1, 2011.

2009-A3426 (ACTIVE) - Bill Text download pdf 

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

                                  3426

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            January 27, 2009
                               ___________

Introduced  by M. of A. ABBATE, PHEFFER, COLTON, BOYLAND, JOHN -- Multi-
  Sponsored by -- M. of A. McENENY -- read  once  and  referred  to  the
  Committee on Governmental Operations

AN  ACT  to amend the retirement and social security law, in relation to
  the membership of police officers and firefighters

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

  Section  1.  Subdivision c of section 440 of the retirement and social
security law, as amended by chapter 63 of the laws of 2007,  is  amended
to read as follows:
  c.  Notwithstanding  any  other  provision  of law, the provisions and
limitations of this article shall apply, as may be appropriate,  to  all
police  officers  and  firefighters  who last joined a public retirement
system of the state or a municipality thereof, on or after  July  first,
nineteen  hundred  seventy-six,  but  prior  to July first, two thousand
[nine] ELEVEN.
  S 2. This act shall take effect immediately.
  FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
  This bill would extend the Tier 2 provisions to  all  police  officers
and firefighters who join a public retirement system on or after July 1,
2009 but prior to July 1, 2011.
  Insofar  as this bill would affect the New York State and Local Police
and Fire Retirement System, if it is enacted, there would be no  result-
ing  additional  annual  cost  to employers of the System. The estimated
rates of contribution for the various Tier 2 plans  would  not  increase
due to enactment of the bill.
  This  estimate,  dated  January  14,  2009,  and intended for use only
during the  2009  Legislative  Session,  is  Fiscal  Note  No.  2009-96,
prepared by the Actuary for the New York State and Local Police and Fire
Retirement System.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07023-01-9

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