assembly Bill A10324A

2017-2018 Legislative Session

Relates to supplemental military retirement allowances for members of public retirement systems of the state

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly 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 (3)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 07, 2018 print number 10324a
May 07, 2018 amend and recommit to governmental employees
Apr 10, 2018 referred to governmental employees

Co-Sponsors

A10324 - Details

See Senate Version of this Bill:
S6505
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §§1000, 78-a & 378-a, R & SS L; amd §532-a, Ed L; amd §13-696, NYC Ad Cd
Versions Introduced in Other Legislative Sessions:
2013-2014: S6820
2015-2016: S5065
2019-2020: S3968
2021-2022: S5110

A10324 - Summary

Relates to supplemental military retirement allowances for members of public retirement systems of the state.

A10324 - Bill Text download pdf


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

                                  10324

                          I N  A S S E M B L Y

                             April 10, 2018
                               ___________

Introduced  by  M.  of  A.  DenDEKKER  --  read once and referred to the
  Committee on Governmental Employees

AN ACT to amend the retirement and social security  law,  the  education
  law  and  the administrative code of the city of New York, in relation
  to supplemental military retirement allowances for members  of  public
  retirement systems of the state

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

  Section 1. Section 1000 of the retirement and social security  law  is
amended by adding a new subdivision 8-a to read as follows:
  8-A.  A  PERSON  WHO  RETIRED  PRIOR TO MAY THIRTY-FIRST, TWO THOUSAND
SIXTEEN AND WHO WOULD HAVE BEEN  ENTITLED  TO  THE  PROVISIONS  OF  THIS
SECTION,  MAY  MAKE  APPLICATION TO SUCH RETIREMENT SYSTEM NO LATER THAN
DECEMBER THIRTY-FIRST, TWO THOUSAND NINETEEN FOR A SUPPLEMENTAL MILITARY
RETIREMENT ALLOWANCE PURSUANT TO THIS  SUBDIVISION.    THE  SUPPLEMENTAL
RETIREMENT  ALLOWANCE  PROVIDED  BY THIS SUBDIVISION SHALL BE IN LIEU OF
ANY BENEFIT OTHERWISE PROVIDED PURSUANT TO THIS SECTION AND  ANY  CREDIT
GRANTED  FOR  MILITARY  SERVICE WITH ANY RETIREMENT SYSTEM OF THIS STATE
PURSUANT TO ANY OTHER SECTION OF LAW.  UPON RECEIPT OF  AN  APPLICATION,
THE  RETIREMENT SYSTEM SHALL DETERMINE THE AMOUNT OF SERVICE CREDIT SUCH
PERSON WOULD HAVE BEEN ENTITLED TO RECEIVE PURSUANT TO SUBDIVISIONS  ONE
AND  TWO  OF  THIS SECTION, SUBJECT TO THE LIMITATIONS CONTAINED IN THIS
SECTION. THE SUPPLEMENTAL MILITARY RETIREMENT ALLOWANCE SHALL EQUAL  THE
RETIREMENT ALLOWANCE OF SUCH PERSON, COMPUTED WITHOUT OPTIONAL MODIFICA-
TION  AND  NOT TO EXCEED FIFTEEN THOUSAND DOLLARS, MULTIPLIED BY TWENTY-
FIVE ONE-HUNDREDTHS OF ONE PERCENT PER MONTH OF THE  SERVICE  CREDIT  AS
DETERMINED  PURSUANT  TO  THIS SUBDIVISION.   ONE-TWELFTH OF THE SUPPLE-
MENTAL MILITARY RETIREMENT ALLOWANCE SHALL BE ADDED  TO  THE  RETIREMENT
ALLOWANCE  OF  SUCH  PERSON  EACH MONTH. THE BENEFIT PAYABLE PURSUANT TO
THIS SECTION SHALL COMMENCE ON THE NEXT RETIREMENT ALLOWANCE PAYABLE  AT
LEAST  THIRTY DAYS AFTER THE RECEIPT OF AN APPLICATION FROM SUCH PERSON.
FOR THE PURPOSES OF THIS SUBDIVISION, RETIREMENT ALLOWANCE SHALL EXCLUDE
ANY ANNUITY DERIVED FROM VOLUNTARY CONTRIBUTIONS MADE BY THE INDIVIDUAL,
EXCEPT THOSE MADE PURSUANT TO ELECTIONS UNDER SUBDIVISION ONE OF SECTION

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

Co-Sponsors

Multi-Sponsors

A10324A (ACTIVE) - Details

See Senate Version of this Bill:
S6505
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §§1000, 78-a & 378-a, R & SS L; amd §532-a, Ed L; amd §13-696, NYC Ad Cd
Versions Introduced in Other Legislative Sessions:
2013-2014: S6820
2015-2016: S5065
2019-2020: S3968
2021-2022: S5110

A10324A (ACTIVE) - Summary

Relates to supplemental military retirement allowances for members of public retirement systems of the state.

A10324A (ACTIVE) - Bill Text download pdf


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

                                10324--A

                          I N  A S S E M B L Y

                             April 10, 2018
                               ___________

Introduced  by M. of A. DenDEKKER, COLTON -- Multi-Sponsored by -- M. of
  A. McDONOUGH -- read once and referred to  the  Committee  on  Govern-
  mental  Employees  --  committee  discharged,  bill  amended,  ordered
  reprinted as amended and recommitted to said committee

AN ACT to amend the retirement and social security  law,  the  education
  law  and  the administrative code of the city of New York, in relation
  to supplemental military retirement allowances for members  of  public
  retirement systems of the state

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

  Section 1. Section 1000 of the retirement and social security  law  is
amended by adding a new subdivision 8-a to read as follows:
  8-A.  A  PERSON  WHO  RETIRED  PRIOR TO MAY THIRTY-FIRST, TWO THOUSAND
SIXTEEN AND WHO WOULD HAVE BEEN  ENTITLED  TO  THE  PROVISIONS  OF  THIS
SECTION,  MAY  MAKE  APPLICATION TO SUCH RETIREMENT SYSTEM NO LATER THAN
DECEMBER THIRTY-FIRST, TWO THOUSAND NINETEEN FOR A SUPPLEMENTAL MILITARY
RETIREMENT ALLOWANCE PURSUANT TO THIS  SUBDIVISION.    THE  SUPPLEMENTAL
RETIREMENT  ALLOWANCE  PROVIDED  BY THIS SUBDIVISION SHALL BE IN LIEU OF
ANY BENEFIT OTHERWISE PROVIDED PURSUANT TO THIS SECTION AND  ANY  CREDIT
GRANTED  FOR  MILITARY  SERVICE WITH ANY RETIREMENT SYSTEM OF THIS STATE
PURSUANT TO ANY OTHER SECTION OF LAW.  UPON RECEIPT OF  AN  APPLICATION,
THE  RETIREMENT SYSTEM SHALL DETERMINE THE AMOUNT OF SERVICE CREDIT SUCH
PERSON WOULD HAVE BEEN ENTITLED TO RECEIVE PURSUANT TO SUBDIVISIONS  ONE
AND  TWO  OF  THIS SECTION, SUBJECT TO THE LIMITATIONS CONTAINED IN THIS
SECTION. THE SUPPLEMENTAL MILITARY RETIREMENT ALLOWANCE SHALL EQUAL  THE
RETIREMENT ALLOWANCE OF SUCH PERSON, COMPUTED WITHOUT OPTIONAL MODIFICA-
TION  AND  NOT TO EXCEED FIFTEEN THOUSAND DOLLARS, MULTIPLIED BY TWENTY-
FIVE ONE-HUNDREDTHS OF ONE PERCENT PER MONTH OF THE  SERVICE  CREDIT  AS
DETERMINED  PURSUANT  TO  THIS SUBDIVISION.   ONE-TWELFTH OF THE SUPPLE-
MENTAL MILITARY RETIREMENT ALLOWANCE SHALL BE ADDED  TO  THE  RETIREMENT
ALLOWANCE  OF  SUCH  PERSON  EACH MONTH. THE BENEFIT PAYABLE PURSUANT TO
THIS SECTION SHALL COMMENCE ON THE NEXT RETIREMENT ALLOWANCE PAYABLE  AT
LEAST  THIRTY DAYS AFTER THE RECEIPT OF AN APPLICATION FROM SUCH PERSON.
FOR THE PURPOSES OF THIS SUBDIVISION, RETIREMENT ALLOWANCE SHALL EXCLUDE

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets