Senate Bill S3721A

Signed By Governor
2013-2014 Legislative Session

Relates to service credit of certain members of the New York state and local employees' retirement system who obtained credit for service with the Niagara Frontier Transit Metro System, Inc.

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A8486 - Signed by Governor


  • 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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Votes

Bill Amendments

co-Sponsors

2013-S3721 - Details

See Assembly Version of this Bill:
A8486
Law Section:
Retirement

2013-S3721 - Summary

Relates to service credit of certain members of the New York state and local employees' retirement system who obtained credit for service with the Niagara Frontier Transit Metro System, Inc.; provides that any retirement or death benefit payable or paid by such retirement system shall be reduced by the amount of the non-forfeitable benefit payable or paid for such service under the Amalgamated Transit Union Local 1342 - Niagara Frontier Transit Metro System Pension Fund.

2013-S3721 - Sponsor Memo

2013-S3721 - Bill Text download pdf

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

                                  3721

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            February 12, 2013
                               ___________

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

AN ACT in relation to service credit of  certain members of the New York
  state and local employees' retirement system who obtained  credit  for
  service with the Niagara Frontier Transit Metro System, Inc.

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

  Section 1. Notwithstanding the provisions of chapter 670 of  the  laws
of  1996  or  any  other provision of law to the contrary, any member or
retiree of the New York state and local employees' retirement system who
obtained credit for service after March 31, 1974 with the Niagara  Fron-
tier Transit Metro System, Inc., and who retains a non-forfeitable bene-
fit  for  such service under the Amalgamated Transit Union Local 1342 --
Niagara Frontier Transit Metro System Pension Fund shall remain eligible
for such service with the New York state and local employees' retirement
system; provided, however, that any retirement or death benefit  payable
or  paid by such retirement system shall be reduced by the amount of the
non-forfeitable benefit payable or paid for such service under the Amal-
gamated Transit Union Local  1342  --  Niagara  Frontier  Transit  Metro
System  Pension  Fund.  For  any person currently receiving a retirement
allowance, such reduction shall be retroactive to the effective date  of
retirement.
  S 2. This act shall take effect immediately.
  FISCAL  NOTE.--This  bill would reduce the retirement or death benefit
payable or paid by the New York State and  Local  Employees'  Retirement
System  (NYSLERS)  to  any  member  or  retiree  who obtained credit for
service after March 31, 1974 with the  Niagara  Frontier  Transit  Metro
System  who  retains  a  non-forfeitable  benefit with the Niagara Metro
Pension Fund for such service. The reduction in the benefit from NYSLERS
will be based on the amount of the non-forfeitable  benefit  payable  or

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07702-02-3
              

co-Sponsors

2013-S3721A (ACTIVE) - Details

See Assembly Version of this Bill:
A8486
Law Section:
Retirement

2013-S3721A (ACTIVE) - Summary

Relates to service credit of certain members of the New York state and local employees' retirement system who obtained credit for service with the Niagara Frontier Transit Metro System, Inc.; provides that any retirement or death benefit payable or paid by such retirement system shall be reduced by the amount of the non-forfeitable benefit payable or paid for such service under the Amalgamated Transit Union Local 1342 - Niagara Frontier Transit Metro System Pension Fund.

2013-S3721A (ACTIVE) - Sponsor Memo

2013-S3721A (ACTIVE) - Bill Text download pdf

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

                                 3721--A

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            February 12, 2013
                               ___________

Introduced  by Sens. MAZIARZ, KENNEDY -- read twice and ordered printed,
  and when printed to be committed to the Committee on Civil Service and
  Pensions -- recommitted to the Committee on Civil Service and Pensions
  in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill
  amended, ordered reprinted as amended and recommitted to said  commit-
  tee

AN ACT in relation to service credit of  certain members of the New York
  state  and  local employees' retirement system who obtained credit for
  service with the Niagara Frontier Transit Metro System, Inc.

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

  Section  1.  Notwithstanding the provisions of chapter 670 of the laws
of 1996 or any other provision of law to the  contrary,  any  member  or
retiree of the New York state and local employees' retirement system who
obtained  credit for service after March 31, 1974 with the Niagara Fron-
tier Transit Metro System, Inc., and who retains a non-forfeitable bene-
fit for such service under the Amalgamated Transit Union Local  1342  --
Niagara Frontier Transit Metro System Pension Fund shall remain eligible
for such service with the New York state and local employees' retirement
system;  provided, however, that any retirement or death benefit payable
or paid by such retirement system shall be reduced by the amount of  the
non-forfeitable benefit payable or paid for such service under the Amal-
gamated  Transit  Union  Local  1342  --  Niagara Frontier Transit Metro
System Pension Fund. For any person  currently  receiving  a  retirement
allowance,  such reduction shall be retroactive to the effective date of
retirement.
  S 2. This act shall take effect immediately and the  addition,  amend-
ment and/or repeal of any rule or regulation necessary for the implemen-
tation of this act on its effective date are hereby authorized.
  FISCAL NOTE.-- Pursuant to Legislate Law, Section 50:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07702-05-4

              

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