Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Sep 12, 2017 |
signed chap.292 |
Aug 31, 2017 |
delivered to governor |
Jun 08, 2017 |
returned to assembly passed senate 3rd reading cal.770 substituted for s5135a |
May 24, 2017 |
referred to civil service and pensions delivered to senate passed assembly |
May 18, 2017 |
advanced to third reading cal.446 |
May 16, 2017 |
reported |
May 02, 2017 |
reported referred to ways and means |
Mar 09, 2017 |
referred to governmental employees |
Assembly Bill A6604
Signed By Governor2017-2018 Legislative Session
Sponsored By
ABBATE
Archive: Last Bill Status - 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
Actions
Votes
co-Sponsors
William Colton
2017-A6604 (ACTIVE) - Details
- See Senate Version of this Bill:
- S5135
- Law Section:
- Education Law
- Laws Affected:
- Amd §522, Ed L
2017-A6604 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6604 2017-2018 Regular Sessions I N A S S E M B L Y March 9, 2017 ___________ Introduced by M. of A. ABBATE -- (at request of the New York State Teachers' Retirement System) -- read once and referred to the Commit- tee on Governmental Employees AN ACT to amend the education law, in relation to making technical corrections to eliminate the restrictions upon transferring for members of the New York state teachers' retirement system THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 2 of section 522 of the education law, as amended by chapter 219 of the laws of 1976, is amended to read as follows: 2. Any contributor entering the retirement system after having with- drawn from another retirement system and having given notice at the time of withdrawal to the retirement board of such system of his OR HER intention of becoming [within one year] a member of the retirement system, may deposit in the annuity savings fund the amount of his OR HER accumulated contributions withdrawn from such other retirement system or if the member had no accumulated contributions credited to his OR HER individual account in such other retirement system, such member shall in lieu of depositing moneys in the annuity savings fund, file a notice of intent to transfer pursuant to rules and regulations adopted by the retirement board. [Within one year of such deposit or] UPON the filing of a notice of intent to transfer as provided by this subdivision, the pension reserve to his OR HER credit in such other retirement system, if such other retirement system is operated upon an actuarial basis under the laws of this state, shall be transferred, and if such other system is operated upon an actuarial basis under the laws of another state, may be transferred to the pension accumulation fund. Notwithstanding anything to the contrary in this article, such contributor shall be classified in this retirement system as a present teacher or as a new entrant accordingly as he OR SHE would have been classified had the EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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