Senate Bill S5920

2015-2016 Legislative Session

Relates to employment of retired persons without diminution of retirement allowance and period of employment requested by the prospective employer

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Archive: Last Bill Status - In Senate Committee Rules 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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Bill Amendments

2015-S5920 - Details

Current Committee:
Senate Rules
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §211, R & SS L
Versions Introduced in 2017-2018 Legislative Session:
S2945

2015-S5920 - Summary

Relates to employment of retired persons without diminution of retirement allowance for the period of employment requested by the prospective employer.

2015-S5920 - Sponsor Memo

2015-S5920 - Bill Text download pdf

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

                                  5920

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                              June 11, 2015
                               ___________

Introduced  by  Sen.  BOYLE  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Rules

AN ACT to amend the retirement and social security law, in  relation  to
  employment  of retired persons without diminution of retirement allow-
  ance and period of employment requested by the prospective employer

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

  Section  1. The closing paragraph of paragraph (b) of subdivision 2 of
section 211 of the retirement and social security  law,  as  amended  by
chapter 640 of the laws of 2008, is amended to read as follows:
  Such  approvals  SHALL,  FOR  RETIRED  PERSONS  RECEIVING A RETIREMENT
ALLOWANCE FROM THE  NEW  YORK  STATE  AND  LOCAL  EMPLOYEES'  RETIREMENT
SYSTEM,  BE  GRANTED FOR THE PERIOD OF TIME REQUESTED BY THE PROSPECTIVE
EMPLOYER AND may be granted for periods not exceeding  two  years  each,
provided  that such person may not return to work in the same or similar
position for a period of one year following retirement. The authority or
officer specified in paragraph (a) of this subdivision,  upon  approving
employment  of  a  retired person under this section, shall certify such
approval to the retirement system or pension plan from which such person
is receiving a retirement allowance.
  S 2. This act shall take effect immediately.
  FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
  This bill amends Section 211 of the Retirement and Social Security Law
to require that when a prospective  employer  has  submitted  a  written
request for a Section 211 waiver on behalf of a retired person, approval
of  such  request  shall  be granted for the period of time requested by
such prospective employer.
  If this bill is enacted, there will be no additional costs to the  New
York  State  and  Local Employees' Retirement and the New York State and
Local Police and Fire Retirement System.
  Summary of relevant resources:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09917-05-5
              

2015-S5920A (ACTIVE) - Details

Current Committee:
Senate Rules
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §211, R & SS L
Versions Introduced in 2017-2018 Legislative Session:
S2945

2015-S5920A (ACTIVE) - Summary

Relates to employment of retired persons without diminution of retirement allowance for the period of employment requested by the prospective employer.

2015-S5920A (ACTIVE) - Sponsor Memo

2015-S5920A (ACTIVE) - Bill Text download pdf

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

                                 5920--A

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                              June 11, 2015
                               ___________

Introduced  by  Sen.  BOYLE  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Rules  --  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 committee

AN  ACT  to amend the retirement and social security law, in relation to
  employment of retired persons without diminution of retirement  allow-
  ance and period of employment requested by the prospective employer

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

  Section 1. The closing paragraph of paragraph (b) of subdivision 2  of
section  211  of  the  retirement and social security law, as amended by
chapter 640 of the laws of 2008, is amended to read as follows:
  Such approvals SHALL,  FOR  RETIRED  PERSONS  RECEIVING  A  RETIREMENT
ALLOWANCE  FROM  THE  NEW  YORK  STATE  AND  LOCAL EMPLOYEES' RETIREMENT
SYSTEM, BE GRANTED FOR THE PERIOD OF TIME REQUESTED BY  THE  PROSPECTIVE
EMPLOYER  AND  may  be granted for periods not exceeding two years each,
provided that such person may not return to work in the same or  similar
position for a period of one year following retirement. The authority or
officer  specified  in paragraph (a) of this subdivision, upon approving
employment of a retired person under this section,  shall  certify  such
approval to the retirement system or pension plan from which such person
is receiving a retirement allowance.
  S 2. This act shall take effect immediately.
  FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
  This bill amends Section 211 of the Retirement and Social Security Law
to  require  that  when  a  prospective employer has submitted a written
request for a Section 211 waiver on behalf of a retired person, approval
of such request shall be granted for the period  of  time  requested  by
such prospective employer.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09917-08-6

              

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