Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Dec 20, 2019 |
tabled vetoed memo.254 |
Dec 17, 2019 |
delivered to governor |
Jun 17, 2019 |
returned to assembly passed senate 3rd reading cal.928 substituted for s6130a |
Jun 17, 2019 |
substituted by a8003 |
Jun 03, 2019 |
advanced to third reading amended 6130a |
May 30, 2019 |
2nd report cal. |
May 29, 2019 |
1st report cal.928 |
May 16, 2019 |
referred to civil service and pensions |
Senate Bill S6130A
Vetoed By Governor2019-2020 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status Via A8003 - Vetoed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Vetoed By Governor
- Signed By Governor
Actions
Votes
Bill Amendments
2019-S6130 - Details
2019-S6130 - Sponsor Memo
BILL NUMBER: S6130 SPONSOR: KAMINSKY TITLE OF BILL: An act to amend the retirement and social security law, in relation to mandatory retirement age PURPOSE: This bill would raise the mandatory retirement age from 62 to 65 for certain members of the New York State and Local Police and Fire Retire- ment System. SUMMARY OF PROVISIONS: Section one: Raises the mandatory retirement age from 62 to 65 for members of the New York State and Local Police and Fire Retirement System (PFRS) who are covered under the provisions of Section 384 of the Retirement and Social Security Law. This aforementioned section allows any member of the PFRS to contribute to certain retirement plans contin- gent upon 25 years of service.
2019-S6130 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6130 2019-2020 Regular Sessions I N S E N A T E May 16, 2019 ___________ Introduced by Sen. KAMINSKY -- 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 mandatory retirement age THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph (f) of paragraph 1 and the opening paragraph of subparagraph (g) of paragraph 2 of subdivision e and subdivisions h and k of section 384 of the retirement and social security law, as amended by chapter 1043 of the laws of 1968, are amended to read as follows: (f) Upon completion of twenty-five years service, an additional pension, if required, of such amount as shall be necessary to increase the total amount of the benefits provided herein to one-half of his final average salary. The pension provided by this [sub-paragraph] SUBPARAGRAPH shall be payable only if a member retires from service on or before the last day of the calendar month next succeeding the calen- dar month in which he attains age [sixty-two] SIXTY-FIVE. Provided, however, that in the case of any member who attained the age of [sixty- two] SIXTY-FIVE on or before July first, nineteen hundred sixty-six, to be eligible for additional pension credit under this [sub-paragraph] SUBPARAGRAPH, his service shall be terminated and he shall retire on or before December thirty-first, nineteen hundred sixty-seven. For the purpose only of determining the amount of the pension provided in this paragraph, the annuity shall be computed as it would be if it were not reduced by the actuarial equivalent of any outstanding loan, and if it were not increased by the actuarial equivalent of any additional contributions, and if it were not reduced by reason of the member's election to decrease his annuity contributions to the retirement system in order to apply the amount of such reduction in payment of his contributions for old-age and survivors insurance coverage. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
2019-S6130A (ACTIVE) - Details
2019-S6130A (ACTIVE) - Sponsor Memo
BILL NUMBER: S6130A SPONSOR: KAMINSKY TITLE OF BILL: An act to amend the retirement and social security law, in relation to mandatory retirement age PURPOSE: This bill would raise the mandatory retirement age from 62 to 65 for certain members of the New York State and Local Police and Fire Retire- ment System. SUMMARY OF PROVISIONS: Section one: Raises the mandatory retirement age from 62 to 65 for members of the New York State and Local Police and Fire Retirement System (PFRS) who are covered under the provisions of Section 384 of the Retirement and Social Security Law. This aforementioned section allows any member of the PFRS to contribute to certain retirement plans contin- gent upon 25 years of service.
2019-S6130A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6130--A Cal. No. 928 2019-2020 Regular Sessions I N S E N A T E May 16, 2019 ___________ Introduced by Sen. KAMINSKY -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions -- reported favorably from said committee, ordered to first and second report, amended on second report, ordered to a third reading, and to be reprinted as amended, retaining its place in the order of third reading AN ACT to amend the retirement and social security law, in relation to mandatory retirement age THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph (f) of paragraph 1 and the opening paragraph of subparagraph (g) of paragraph 2 of subdivision e and subdivisions h and k of section 384 of the retirement and social security law, as amended by chapter 1043 of the laws of 1968, are amended to read as follows: (f) Upon completion of twenty-five years service, an additional pension, if required, of such amount as shall be necessary to increase the total amount of the benefits provided herein to one-half of his final average salary. The pension provided by this [sub-paragraph] SUBPARAGRAPH shall be payable only if a member retires from service on or before the last day of the calendar month next succeeding the calen- dar month in which he attains age [sixty-two] SIXTY-FIVE. Provided, however, that in the case of any member who attained the age of [sixty- two] SIXTY-FIVE on or before July first, nineteen hundred sixty-six, to be eligible for additional pension credit under this [sub-paragraph] SUBPARAGRAPH, his service shall be terminated and he shall retire on or before December thirty-first, nineteen hundred sixty-seven. For the purpose only of determining the amount of the pension provided in this paragraph, the annuity shall be computed as it would be if it were not reduced by the actuarial equivalent of any outstanding loan, and if it were not increased by the actuarial equivalent of any additional EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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