assembly Bill A5088B

2021-2022 Legislative Session

Relates to establishing a temporary retirement incentive for certain public employees who are above age fifty-five and with twenty-five years of service

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Current 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 (5)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 20, 2021 print number 5088b
May 20, 2021 amend and recommit to governmental employees
May 12, 2021 print number 5088a
May 12, 2021 amend and recommit to governmental employees
Feb 10, 2021 referred to governmental employees

Co-Sponsors

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A5088 - Details

Law Section:
Retirement
Versions Introduced in 2019-2020 Legislative Session:
A10477

A5088 - Summary

Establishes a temporary retirement incentive for certain public employees who are above age fifty-five and with twenty-five years of service.

A5088 - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5088
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 10, 2021
                                ___________
 
 Introduced  by M. of A. ABINANTI, EPSTEIN, DICKENS, THIELE, ENGLEBRIGHT,
   SEAWRIGHT, McDONOUGH -- read once and referred  to  the  Committee  on
   Governmental Employees
 
 AN  ACT  to  provide  temporary  retirement incentive for certain public
   employees
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  This  act  enacts into law components of legislation that
 would establish an age 55/25  temporary  incentive  for  certain  public
 employees.
   § 2. Legislative findings. The legislature finds and declares that the
 retirement benefit for certain public employees who are above age 55 and
 with 25 years of service provided for in this act is intended only to be
 temporary in nature for employees who are eligible to receive and quali-
 fy  for the applicable benefit during the applicable time periods speci-
 fied in this act. Further, nothing in this act  shall  be  construed  to
 create  an  expectation of a future or continuing retirement benefit for
 any public employee who is not eligible to receive and qualify  for  the
 retirement benefits herein during the applicable time periods.
   §  3.  Definitions.  As  used  in this act, unless the context clearly
 requires otherwise:
   (a) "Retirement system" means the New York state and local  employees'
 retirement system and the New York state teachers' retirement system.
   (b)  "Teachers'  retirement system" means the New York state teachers'
 retirement system.
   (c) "Participating employer" means an educational employer, the state-
 operated institutions of the state university of New York, and a  commu-
 nity  college  operating  under a program of the state university of New
 York, and which participates in a retirement system as defined  in  this
 section.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03609-03-1

Co-Sponsors

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A5088A - Details

Law Section:
Retirement
Versions Introduced in 2019-2020 Legislative Session:
A10477

A5088A - Summary

Establishes a temporary retirement incentive for certain public employees who are above age fifty-five and with twenty-five years of service.

A5088A - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  5088--A
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 10, 2021
                                ___________
 
 Introduced  by M. of A. ABINANTI, EPSTEIN, DICKENS, THIELE, ENGLEBRIGHT,
   SEAWRIGHT,  McDONOUGH,  PAULIN,  FAHY,  DeSTEFANO  --  read  once  and
   referred  to  the  Committee  on  Governmental  Employees -- committee
   discharged, bill amended, ordered reprinted as amended and recommitted
   to said committee

 AN ACT to provide temporary  retirement  incentive  for  certain  public
   employees
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. This act enacts into law  components  of  legislation  that
 would  establish  an  age  55/25  temporary incentive for certain public
 employees.
   § 2. Legislative findings. The legislature finds and declares that the
 retirement benefit for certain public employees who are above age 55 and
 with 25 years of service provided for in this act is intended only to be
 temporary in nature for employees who are eligible to receive and quali-
 fy for the applicable benefit during the applicable time periods  speci-
 fied  in  this  act.  Further, nothing in this act shall be construed to
 create an expectation of a future or continuing retirement  benefit  for
 any  public  employee who is not eligible to receive and qualify for the
 retirement benefits herein during the applicable time periods.
   § 3. Definitions. As used in this  act,  unless  the  context  clearly
 requires otherwise:
   (a)  "Retirement system" means the New York state and local employees'
 retirement system and the New York state teachers' retirement system.
   (b) "Teachers' retirement system" means the New York  state  teachers'
 retirement system.
   (c) "Participating employer" means an educational employer, the state-
 operated  institutions of the state university of New York, and a commu-
 nity college operating under a program of the state  university  of  New
 York,  and  which participates in a retirement system as defined in this
 section.
   (d) "Educational employer" means a participating employer which  is  a
 school  district,  a  board of cooperative educational services, a voca-

Co-Sponsors

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A5088B (ACTIVE) - Details

Law Section:
Retirement
Versions Introduced in 2019-2020 Legislative Session:
A10477

A5088B (ACTIVE) - Summary

Establishes a temporary retirement incentive for certain public employees who are above age fifty-five and with twenty-five years of service.

A5088B (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  5088--B
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 10, 2021
                                ___________
 
 Introduced  by M. of A. ABINANTI, EPSTEIN, DICKENS, THIELE, ENGLEBRIGHT,
   SEAWRIGHT, McDONOUGH, PAULIN, FAHY, DeSTEFANO, BUTTENSCHON,  SILLITTI,
   JACOBSON,  MORINELLO,  M. MILLER,  GANDOLFO,  MIKULIN,  SALKA,  TAGUE,
   ANGELINO -- read once and referred to the  Committee  on  Governmental
   Employees  -- committee discharged, bill amended, ordered reprinted as
   amended and recommitted to said committee -- again reported from  said
   committee  with amendments, ordered reprinted as amended and recommit-
   ted to said committee
 
 AN ACT to provide temporary  retirement  incentive  for  certain  public
   employees
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. This act enacts into law  components  of  legislation  that
 would  establish  an  age  55/25  temporary incentive for certain public
 employees.
   § 2. Legislative findings. The legislature finds and declares that the
 retirement benefit for certain public employees who are above age 55 and
 with 25 years of service provided for in this act is intended only to be
 temporary in nature for employees who are eligible to receive and quali-
 fy for the applicable benefit during the applicable time periods  speci-
 fied  in  this  act.  Further, nothing in this act shall be construed to
 create an expectation of a future or continuing retirement  benefit  for
 any  public  employee who is not eligible to receive and qualify for the
 retirement benefits herein during the applicable time periods.
   § 3. Definitions. As used in this  act,  unless  the  context  clearly
 requires otherwise:
   (a)  "Retirement system" means the New York state and local employees'
 retirement system and the New York state teachers' retirement system.
   (b) "Teachers' retirement system" means the New York  state  teachers'
 retirement system.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03609-05-1