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Senate Bill S6529

2011-2012 Legislative Session

Relates to the reduction in unemployment benefits where a claimant is retiring

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Sponsored By

Archive: Last Bill Status - In Senate Committee Labor Committee

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2011-S6529 (ACTIVE) - Details

See Assembly Version of this Bill:
A9067
Current Committee:
Senate Labor
Law Section:
Labor Law
Laws Affected:
Amd ยง600, Lab L

2011-S6529 (ACTIVE) - Summary

Provides that the reduction in unemployment benefits for a claimant who is retiring shall not apply to benefits which when paid will be chargeable to the account held by multiple employers who provided the pension or retirement benefit.

2011-S6529 (ACTIVE) - Sponsor Memo

2011-S6529 (ACTIVE) - Bill Text download pdf 

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

                                  6529

                            I N  S E N A T E

                            February 23, 2012
                               ___________

Introduced  by  Sen.  GOLDEN -- read twice and ordered printed, and when
  printed to be committed to the Committee on Labor

AN ACT to amend the labor law, in relation to the reduction of unemploy-
  ment benefits

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

  Section  1. Subdivision 2 of section 600 of the labor law, as added by
chapter 793 of the laws of 1963, is amended to read as follows:
  2. Application. The reduction shall apply only to benefits which  when
paid  will be chargeable to the account of the employer who provided the
pension or retirement benefit, AND THE  REDUCTION  SHALL  NOT  APPLY  TO
BENEFITS  WHICH  WHEN  PAID  WILL  BE  CHARGEABLE TO THE ACCOUNT HELD BY
MULTIPLE EMPLOYERS WHO PROVIDED THE PENSION OR RETIREMENT BENEFIT.
  S 2. This act shall take effect on the ninetieth day  after  it  shall
have  become  a law and shall apply to benefits payable on or after that
date.







 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD13445-01-1

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