senate Bill S7256A

2013-2014 Legislative Session

Relates to allowing members of the NYSLPFRS to receive credit for service rendered with Metro-North, the L.I. Railroad or MTA

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Archive: Last Bill Status - In Senate Committee


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

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Actions

view actions (4)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 16, 2014 print number 7256a
amend (t) and recommit to finance
May 28, 2014 reported and committed to finance
May 08, 2014 referred to civil service and pensions

Votes

view votes

May 28, 2014 - Civil Service and Pensions committee Vote

S7256
9
0
committee
9
Aye
0
Nay
2
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show committee vote details

Committee Vote: May 28, 2014

aye wr (2)

S7256 - Details

See Assembly Version of this Bill:
A9593A
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §343, R & SS L

S7256 - Summary

Allows any police officer who was employed by the Metropolitan Transportation Authority, the Long Island Railroad Company or the Metro-North Commuter Railroad Company and who is a member of the MTA police retirement program to transfer his or her membership to the New York State and Local Police and Fire Retirement System.

S7256 - Sponsor Memo

S7256 - Bill Text download pdf

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

                                  7256

                            I N  S E N A T E

                               May 8, 2014
                               ___________

Introduced  by  Sen.  GOLDEN -- 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
  providing  prior police service credit for police officers employed by
  employers not participating in the New York state and local police and
  fire retirement system who are hired by the state or  a  participating
  employer  in  the  New York state and local police and fire retirement
  system

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

  Section  1.  Subdivision b of section 341 of the retirement and social
security law is amended by adding a new paragraph 9 to read as follows:
  9. NOTWITHSTANDING THE FOREGOING PROVISIONS OF THIS  SUBDIVISION,  ANY
POLICE EMPLOYEE WHO HAD PRIOR POLICE SERVICE WITH THE METRO-NORTH COMMU-
TER  RAILROAD COMPANY, THE LONG ISLAND RAILROAD COMPANY OR THE METROPOL-
ITAN TRANSPORTATION AUTHORITY SHALL BE GIVEN  CREDIT  FOR  SUCH  SERVICE
WHEN  HE  OR  SHE  RENDERS AT LEAST TWO YEARS OF MEMBER SERVICE WITH THE
STATE OR ANY PARTICIPATING EMPLOYER.
  S 2. This act shall take effect immediately.
  FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
  This bill would allow members of the New York State and  Local  Police
and  Fire Retirement System (PFRS) to receive service credit for service
rendered with the Metro-North Commuter Railroad Company, the Long Island
Railroad Company or  the  Metropolitan  Transportation  Authority.  Such
members must render at least two (2) years of service with a participat-
ing employer to receive credit for such service.
  The number of members who could be affected by this legislation cannot
be readily determined.
  If  this bill is enacted, there would be a past service cost on behalf
of each member with such service, and would depend on the member's  age,
credited  service, plan, salary and the amount of the additional service
credit being granted. It is estimated that the past  service  cost  will
average  approximately 20% of an affected members' compensation for each
such year of additional service. This cost would  be  reduced    by  the

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

S7256A (ACTIVE) - Details

See Assembly Version of this Bill:
A9593A
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §343, R & SS L

S7256A (ACTIVE) - Summary

Allows any police officer who was employed by the Metropolitan Transportation Authority, the Long Island Railroad Company or the Metro-North Commuter Railroad Company and who is a member of the MTA police retirement program to transfer his or her membership to the New York State and Local Police and Fire Retirement System.

S7256A (ACTIVE) - Sponsor Memo

S7256A (ACTIVE) - Bill Text download pdf

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

                                 7256--A

                            I N  S E N A T E

                               May 8, 2014
                               ___________

Introduced  by  Sen.  GOLDEN -- read twice and ordered printed, and when
  printed to be committed to the Committee on Civil Service and Pensions
  -- reported favorably from said committee and committed to the Commit-
  tee  on  Finance  --  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
  allowing the transfer of  membership  in  the  MTA  police  retirement
  program  to  the  New  York state and local police and fire retirement
  system

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

  Section  1.  Subdivision a of section 343 of the retirement and social
security law, as amended by chapter 728 of the laws of 2006, the opening
paragraph as further amended by section 104 of part A of chapter  62  of
the laws of 2011, is amended to read as follows:
  a. Notwithstanding any other provision of law providing for transfers,
any member of any retirement system maintained by the state or a munici-
pality  thereof, operating on a sound financial basis and subject to the
supervision of the department of financial services of  this  state  may
transfer  his or her membership pursuant to this section to the New York
state and local employees' retirement system, the New York city board of
education employees' retirement system, the  New  York  state  teachers'
retirement  system, the New York state and local police and fire retire-
ment system or to the New York city employees'  retirement  system.  Any
member of the New York state and local police and fire retirement system
may  transfer his or her membership to any retirement system, other than
the hospital retirement system, which is operating on a sound basis  and
is subject to the supervision of the department of financial services of
this  state. Any police officer employed by the metropolitan transporta-
tion authority who is a member of the MTA police twenty year  retirement
program  of  the  metropolitan  transportation authority defined benefit
pension plan (hereinafter referred to in this section as the "MTA police
retirement program") may transfer his or her membership in the New  York
state  and  local  police and fire retirement system and/or the New York

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

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