S T A T E O F N E W Y O R K
2013-2014 Regular Sessions
I N S E N A T E
January 17, 2013
Introduced by Sen. ADAMS -- read twice and ordered printed, and when
printed to be committed to the Committee on Labor
AN ACT to direct the commissioner of labor, in consultation with the
superintendent of financial services, to study the feasibility of
developing and implementing an insurance plan to provide benefits to
unemployed persons upon the expiration of unemployment benefits; and
providing for the repeal of such provisions upon expiration thereof
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Legislative intent. The legislature finds that the contin-
uous downsizing of employees by the public and private sectors has
created great concerns relative to long term stability in employment. A
recent study indicates that projected job employment for persons under
age forty will average four and one-half years per employment placement.
This employment instability is further aggravated by actual and project-
ed exportation of domestic jobs.
The legislature further finds that state government officials regard-
less of political party affiliation have all expressed concern relative
to payment of persons on the public assistance rolls, and have urged
various "workfare not welfare" programs. It is clear that this recent
employment enigma can only further exacerbate this unemployment
Accordingly it is prudent that the state develop an insurance plan
that provides for persons who may encounter such an employment predica-
ment. Such a plan would lessen the burden of public support, and
provide for the stable financial management of dislocated employees.
Such insurance plan would provide benefits upon the expiration of unem-
ployment benefits if the unemployment condition prevails. Contributions
to the insurance program would derive from deductions through employees'
salaries. Such deductions would be no more than ten percent of annual
salary. Unspent accounts would be refunded after an employee attains the
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
S. 2422 2
age of fifty-five. The intent of this legislation is to provide employ-
ees with insurance against job insecurity.
S 2. The commissioner of labor, in consultation with the superinten-
dent of financial services, shall study the feasibility of developing
and implementing an insurance plan to provide benefits to unemployed
persons upon the expiration of unemployment benefits. Such study shall
1. the manner in which insurance premiums shall be paid to such plan
including payroll deductions from employee salaries;
2. the amount of such payroll deductions not exceeding ten percent of
such employee salaries;
3. a mechanism to refund to employees premiums paid by employees that
were not paid on such employees' behalf; and
4. any other information that the commissioner of labor deems relevant
S 3. A report of the findings of such study, recommendations of the
commissioner of labor and any proposed legislation necessary to imple-
ment such findings shall be filed with the governor, the temporary pres-
ident of the senate and the speaker of the assembly within one year
after the effective date of this act.
S 4. This act shall take effect immediately and shall expire and be
deemed repealed one year after such date.