senate Bill S4186A

Signed By Governor
2013-2014 Legislative Session

Provides for the refund of certain member contributions

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A6578 - Signed by Governor


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed by Governor

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Actions

view actions (12)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Dec 18, 2013 signed chap.522
Dec 06, 2013 delivered to governor
Jun 20, 2013 returned to assembly
passed senate
3rd reading cal.1526
substituted for s4186a
Jun 20, 2013 substituted by a6578a
ordered to third reading cal.1526
committee discharged and committed to rules
May 21, 2013 print number 4186a
amend and recommit to civil service and pensions
Mar 13, 2013 referred to civil service and pensions

S4186 - Details

See Assembly Version of this Bill:
A6578A
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §§604-c & 604-d, R & SS L
Versions Introduced in 2011-2012 Legislative Session:
S7090, A9921

S4186 - Summary

Provides to certain New York city transit authority members of the New York city employees' retirement system a refund of additional member contributions that were paid while participants of one of the chapter 96 of 1995 retirement programs.

S4186 - Sponsor Memo

S4186 - Bill Text download pdf

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

                                  4186

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                             March 13, 2013
                               ___________

Introduced  by  Sen.  DILAN  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Civil Service and Pensions

AN ACT to amend the retirement and social security law, in  relation  to
  refunding  contributions made to the twenty-five year early retirement
  program and the age fifty-seven retirement program by  New  York  city
  transit authority members

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

  Section 1. Subdivision d of section 604-c of the retirement and social
security law, as added by chapter 96 of the laws of 1995, is amended  by
adding a new paragraph 15 to read as follows:
  15.  AN  ELIGIBLE  FORMER  PARTICIPANT,  AS DEFINED IN THIS PARAGRAPH,
SHALL BE ENTITLED TO A REFUND OF THE EMPLOYEE  PORTION  OF  HIS  OR  HER
ADDITIONAL  MEMBER CONTRIBUTIONS MADE PURSUANT TO THIS SUBDIVISION WHICH
SHALL INCLUDE ANY AND ALL INTEREST THEREON AT THE RATE OF  FIVE  PERCENT
PER  ANNUM,  COMPOUNDED  ANNUALLY AND SUCH REFUND SHALL BE PAYABLE, UPON
SUCH PARTICIPANT'S APPLICATION PURSUANT  TO  PROCEDURES  PROMULGATED  IN
REGULATIONS OF THE BOARD OF TRUSTEES OF THE RETIREMENT SYSTEM. AN ELIGI-
BLE  FORMER PARTICIPANT SHALL BE A PARTICIPANT WHO IS OR WAS EMPLOYED IN
A TITLE REPRESENTED FOR PURPOSES OF COLLECTIVE BARGAINING BY AN EMPLOYEE
ORGANIZATION REPRESENTING A MAJORITY OF SUPERVISORY EMPLOYEES IN THE NEW
YORK CITY TRANSIT AUTHORITY'S STATIONS DEPARTMENT, RECOGNIZED OR  CERTI-
FIED  PURSUANT TO ARTICLE FOURTEEN OF THE CIVIL SERVICE LAW, AND WHO, ON
OCTOBER FIRST, TWO THOUSAND SIX, WAS EMPLOYED BY THE NEW YORK CITY TRAN-
SIT AUTHORITY IN SUCH TITLE AND WHO WAS A PARTICIPANT IN THE TWENTY-FIVE
YEAR EARLY RETIREMENT PROGRAM PRIOR TO THE STARTING DATE OF  THE  ELIMI-
NATION OF ADDITIONAL MEMBER CONTRIBUTIONS, AS SUCH DATE IS DEFINED IN AN
ELECTION  MADE PURSUANT TO PARAGRAPH TEN OF SUBDIVISION E OF SECTION SIX
HUNDRED FOUR-B OF THIS ARTICLE.
  S 2. Subdivision f of section 604-d of the retirement and social secu-
rity law is amended by adding a new paragraph 15 to read as follows:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09787-01-3

S4186A (ACTIVE) - Details

See Assembly Version of this Bill:
A6578A
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §§604-c & 604-d, R & SS L
Versions Introduced in 2011-2012 Legislative Session:
S7090, A9921

S4186A (ACTIVE) - Summary

Provides to certain New York city transit authority members of the New York city employees' retirement system a refund of additional member contributions that were paid while participants of one of the chapter 96 of 1995 retirement programs.

S4186A (ACTIVE) - Sponsor Memo

S4186A (ACTIVE) - Bill Text download pdf

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

                                 4186--A

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                             March 13, 2013
                               ___________

Introduced  by  Sen.  DILAN  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Civil Service and Pensions
  -- committee discharged, bill amended, ordered  reprinted  as  amended
  and recommitted to said committee

AN  ACT  to amend the retirement and social security law, in relation to
  refunding contributions made to the twenty-five year early  retirement
  program  and  the  age fifty-seven retirement program by New York city
  transit authority members

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

  Section 1. Subdivision d of section 604-c of the retirement and social
security  law, as added by chapter 96 of the laws of 1995, is amended by
adding a new paragraph 15 to read as follows:
  15. AN ELIGIBLE FORMER PARTICIPANT,  AS  DEFINED  IN  THIS  PARAGRAPH,
SHALL  BE  ENTITLED  TO  A  REFUND OF THE EMPLOYEE PORTION OF HIS OR HER
ADDITIONAL MEMBER CONTRIBUTIONS MADE PURSUANT TO THIS SUBDIVISION  WHICH
SHALL  INCLUDE  ANY AND ALL INTEREST THEREON AT THE RATE OF FIVE PERCENT
PER ANNUM, COMPOUNDED ANNUALLY AND SUCH REFUND SHALL  BE  PAYABLE,  UPON
SUCH  PARTICIPANT'S  APPLICATION  PURSUANT  TO PROCEDURES PROMULGATED IN
REGULATIONS OF THE BOARD OF TRUSTEES OF THE RETIREMENT SYSTEM. AN ELIGI-
BLE FORMER PARTICIPANT SHALL BE A PARTICIPANT WHO IS OR WAS EMPLOYED  IN
THE  TITLE  SUPERVISOR (STATIONS) IN ASSIGNMENT LEVEL II IN THE NEW YORK
CITY TRANSIT AUTHORITY'S STATIONS DEPARTMENT, AND WHO, ON OCTOBER FIRST,
TWO THOUSAND SIX, WAS EMPLOYED BY THE NEW YORK CITY TRANSIT AUTHORITY IN
SUCH TITLE AND WHO WAS A  PARTICIPANT  IN  THE  TWENTY-FIVE  YEAR  EARLY
RETIREMENT  PROGRAM  PRIOR  TO  THE  STARTING DATE OF THE ELIMINATION OF
ADDITIONAL MEMBER CONTRIBUTIONS, AS SUCH DATE IS DEFINED IN AN  ELECTION
MADE  PURSUANT  TO PARAGRAPH TEN OF SUBDIVISION E OF SECTION SIX HUNDRED
FOUR-B OF THIS ARTICLE.
  S 2. Subdivision f of section 604-d of the retirement and social secu-
rity law is amended by adding a new paragraph 15 to read as follows:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09787-03-3

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