Senate Bill S2945

2017-2018 Legislative Session

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

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Civil Service And Pensions 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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2017-S2945 (ACTIVE) - Details

Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §211, R & SS L
Versions Introduced in 2015-2016 Legislative Session:
S5920

2017-S2945 (ACTIVE) - Summary

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

2017-S2945 (ACTIVE) - Sponsor Memo

2017-S2945 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2945
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             January 18, 2017
                                ___________
 
 Introduced  by  Sen.  BOYLE  -- 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
   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.
   § 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.
              

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