senate Bill S5435

2019-2020 Legislative Session

Grants service credit to members of the uniformed correction force of the New York city department of correction covered by provisions of law for over 25 years

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Civil Service And Pensions 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 (1)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 01, 2019 referred to civil service and pensions

S5435 (ACTIVE) - Details

See Assembly Version of this Bill:
A7629
Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §504, R & SS L
Versions Introduced in 2017-2018 Legislative Session:
S6133

S5435 (ACTIVE) - Summary

Grants service credit to members of the uniformed correction force of the New York city department of correction covered by provisions of law for over 25 years.

S5435 (ACTIVE) - Sponsor Memo

S5435 (ACTIVE) - Bill Text download pdf


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

                                  5435

                       2019-2020 Regular Sessions

                            I N  S E N A T E

                               May 1, 2019
                               ___________

Introduced by Sen. GOUNARDES -- 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
  retirement benefits for general members in  the  uniformed  correction
  force of the New York city department of correction

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

  Section 1. Subdivision d of section 504 of the retirement  and  social
security  law,  as amended by chapter 18 of the laws of 2012, is amended
to read as follows:
  d. The early service retirement benefit for  general  members  in  the
uniformed   correction   force  of  the  New  York  city  department  of
correction, who are not entitled to an early service retirement  benefit
pursuant to subdivision c of section five hundred four-a of this article
or  subdivision  c  of  section  five  hundred four-b of this article or
subdivision c of section five hundred four-d of  this  article,  or  for
general  members  in  the  uniformed personnel in institutions under the
jurisdiction of the department of corrections and community supervision,
as defined in subdivision i of  section  eighty-nine  of  this  chapter,
shall  be  a pension equal to one-fiftieth of final average salary times
years of credited service at the  completion  of  twenty-five  years  of
service,  [but  not  in excess of fifty percent of final average salary]
PLUS ONE-SIXTIETH OF  FINAL  AVERAGE  SALARY  TIMES  YEARS  OF  CREDITED
SERVICE IN EXCESS OF TWENTY-FIVE, provided, however, that the provisions
of   this  section  shall  not  apply  to  a  New  York  city  uniformed
correction/sanitation revised plan member.
  § 2. This act shall take effect immediately.
  FISCAL NOTE.-- Pursuant to Legislative Law, Section 50:
  SUMMARY OF BILL: This proposed legislation would amend Retirement  and
Social  Security Law (RSSL) Section 504 to modify the service retirement
benefit calculation formula for uniformed employees of the New York City

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.

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