Senate Bill S549

2013-2014 Legislative Session

Creates and allows funding for post-employment benefit reserve funds

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Local Government Committee


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

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2013-S549 (ACTIVE) - Details

See Assembly Version of this Bill:
A1814
Current Committee:
Senate Local Government
Law Section:
General Municipal Law
Laws Affected:
Add §6-a, amd §6-j, Gen Muni L
Versions Introduced in Other Legislative Sessions:
2011-2012: S6025, A7754
2015-2016: A3916
2017-2018: A3607
2019-2020: A4807
2021-2022: A2041

2013-S549 (ACTIVE) - Summary

Relates to creating funding for post-employment benefit reserve funds.

2013-S549 (ACTIVE) - Sponsor Memo

2013-S549 (ACTIVE) - Bill Text download pdf

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

                                   549

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by Sen. GRISANTI -- read twice and ordered printed, and when
  printed to be committed to the Committee on Local Government

AN ACT to amend the general municipal law, in relation to  the  creation
  and  funding  of  other  post-employment  benefit  reserve  funds, and
  extending to boards of cooperative educational services the  authority
  to create and maintain workers' compensation reserve funds

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

  Section 1. The general municipal  law  is  amended  by  adding  a  new
section 6-a to read as follows:
  S 6-A. OTHER POST-EMPLOYMENT BENEFIT RESERVE FUNDS. 1. AS USED IN THIS
SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS:
  A.  "MUNICIPAL  CORPORATION"  MEANS  (I)  A  MUNICIPAL  CORPORATION AS
DEFINED IN SECTION TWO OF THIS CHAPTER; (II) A SCHOOL DISTRICT (EXCEPT A
SCHOOL DISTRICT IN A CITY WITH A POPULATION OF ONE  HUNDRED  TWENTY-FIVE
THOUSAND  OR  MORE);  (III) A BOARD OF COOPERATIVE EDUCATIONAL SERVICES;
(IV) FIRE DISTRICT; (V) DISTRICT CORPORATION; (VI) POLICE DISTRICT;  AND
(VII)  SPECIAL  IMPROVEMENT  DISTRICT  GOVERNED  BY  A SEPARATE BOARD OF
COMMISSIONERS.
  B. "OTHER POST-EMPLOYMENT BENEFIT" MEANS  ANY  BENEFIT  OTHER  THAN  A
PENSION  BENEFIT  THAT A MUNICIPAL CORPORATION IS OBLIGATED BY CONTRACT,
LOCAL LAW, OR STATUTE TO PAY TO, OR  ON  BEHALF  OF,  AN  INDIVIDUAL  ON
ACCOUNT  OF  THAT  INDIVIDUAL'S PRIOR EMPLOYMENT BY THE MUNICIPAL CORPO-
RATION, INCLUDING POST-EMPLOYMENT HEALTHCARE BENEFITS, REGARDLESS OF THE
TYPE OF PLAN THAT PROVIDES THEM, BUT EXCLUDING TERMINATION BENEFITS SUCH
AS THOSE DESCRIBED IN SECTION SIX-P OF THIS ARTICLE.
  C. "PARTICIPATING EMPLOYER" MEANS A PARTICIPATING EMPLOYER AS  DEFINED
IN  EITHER SUBDIVISION TWENTY OF SECTION TWO OR IN SUBDIVISION TWENTY OF
SECTION THREE HUNDRED TWO OF THE RETIREMENT AND SOCIAL SECURITY LAW.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD03159-01-3
              

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