Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2020 |
referred to governmental employees |
May 21, 2019 |
reported referred to ways and means |
May 14, 2019 |
referred to governmental employees |
Assembly Bill A7632
2019-2020 Legislative Session
Sponsored By
ABBATE
Archive: Last Bill Status - In Assembly 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
Actions
co-Sponsors
William Colton
Judy Griffin
Michael Cusick
2019-A7632 (ACTIVE) - Details
- Current Committee:
- Assembly Governmental Employees
- Law Section:
- Retirement and Social Security Law
- Laws Affected:
- Amd §501, R & SS L
2019-A7632 (ACTIVE) - Summary
Relates to accidental disability benefits of police officers and firefighters; provides that for certain police/fire members retiring with an accidental disability benefit, wages shall be determined based on a salary base equal to the highest salary rate available to the rank or title of such police/fire member at the time of retirement.
2019-A7632 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7632 2019-2020 Regular Sessions I N A S S E M B L Y May 14, 2019 ___________ Introduced by M. of A. ABBATE -- read once and referred to the Committee on Governmental Employees AN ACT to amend the retirement and social security law, in relation to accidental disability benefits of police officers and firefighters THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 24 of section 501 of the retirement and social security law is amended by adding a new paragraph (g) to read as follows: (G) NOTWITHSTANDING ANY INCONSISTENT PROVISION OF THIS CHAPTER OR ANY OTHER LAW, FOR ANY POLICE/FIRE MEMBER RETIRING WITH AN ACCIDENTAL DISA- BILITY BENEFIT PROVIDED FOR IN SECTION FIVE HUNDRED SEVEN OF THIS ARTI- CLE, WAGES SHALL BE DETERMINED BASED ON A SALARY BASE EQUAL TO THE HIGH- EST SALARY RATE AVAILABLE TO THE RANK OR TITLE OF SUCH POLICE/FIRE MEMBER AT THE TIME OF RETIREMENT. § 2. This act shall take effect immediately. FISCAL NOTE.--Pursuant to Legislative Law, Section 50: This bill would redefine wages for any police or fire member retiring with an accidental disability benefit provided for in section 507 of Retirement and Social Security Law. Wages shall be determined based on a salary base equal to the highest salary rate available to the rank or title at the time of retirement. If this bill is enacted during the 2019 legislative session, it is estimated that there would be an additional annual cost of approximately $32,000 which would be shared by the State of New York and the partic- ipating employers in the PFRS. Summary of relevant resources: The membership data used in measuring the impact of the proposed change was the same as that used in the March 31, 2018 actuarial valu- ation. Distributions and other statistics can be found in the 2018 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09716-02-9
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