Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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May 10, 2022 | reported and committed to finance |
Mar 28, 2022 | print number 6082a |
Mar 28, 2022 | amend and recommit to civil service and pensions |
Jan 05, 2022 | referred to civil service and pensions |
Apr 07, 2021 | referred to civil service and pensions |
senate Bill S6082A
Sponsored By
Andrew Gounardes
(D) 22nd Senate District
Current Bill Status - In Senate Committee Finance Committee
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
Your Voice
Actions
Votes
Bill Amendments
Co-Sponsors
Todd Kaminsky
(D) 9th Senate District
Mike Martucci
(R, C) 42nd Senate District
S6082 - Details
- See Assembly Version of this Bill:
- A6930
- Current Committee:
- Senate Finance
- Law Section:
- Retirement and Social Security Law
- Laws Affected:
- Amd §§505, 511 & 516, R & SS L
- Versions Introduced in 2019-2020 Legislative Session:
-
S8149, A10690
S6082 - Summary
Relates to primary social security retirement benefits for certain members; provides that in the computation of the normal service retirement benefit of members of the New York city fire department pension fund, there shall be no reduction for the primary social security retirement benefit.
S6082 - Sponsor Memo
BILL NUMBER: S6082 SPONSOR: GOUNARDES TITLE OF BILL: An act to amend the retirement and social security law, in relation to primary social security retirement benefits for police/fire members who are members of the New York city fire department pension fund PURPOSE OR GENERAL IDEA OF BILL: To eliminate the social security offset for retirement allowances for members of the New York City Fire Department Pension Fund. SUMMARY OF PROVISIONS: Section 1 amends section 505 of the retirement and social security law to provide that the normal service retirement benefit, early service retirement benefit, and the annual escalation of such benefits shall not be reduced by the value of the primary social security benefit commenc- ing at age sixty-two for members of the New York City fire department pension fund.
S6082 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6082 2021-2022 Regular Sessions I N S E N A T E April 7, 2021 ___________ 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 primary social security retirement benefits for police/fire members who are members of the New York city fire department pension fund THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 505 of the retirement and social security law, as amended by chapter 18 of the laws of 2012, is amended to read as follows: § 505. Service retirement benefits; police/fire members, New York city uniformed correction/sanitation revised plan members and investigator revised plan members. a. The normal service retirement benefit for police/fire members, New York city uniformed correction/sanitation revised plan members and investigator revised plan members at normal retirement age shall be a pension equal to fifty percent of final aver- age salary, less fifty percent of the primary social security retirement benefit commencing at age sixty-two, as provided in section five hundred eleven of this article, PROVIDED, HOWEVER, THAT THE COMPUTATION OF THE NORMAL SERVICE RETIREMENT BENEFIT OF MEMBERS OF THE NEW YORK CITY FIRE DEPARTMENT PENSION FUND, SHALL NOT BE REDUCED BY THE PRIMARY SOCIAL SECURITY RETIREMENT BENEFIT COMMENCING AT AGE SIXTY-TWO AS PROVIDED IN SECTION FIVE HUNDRED ELEVEN OF THIS ARTICLE. b. The early service retirement benefit for police/fire members, New York city uniformed correction/sanitation revised plan members and investigator revised plan members shall be a pension equal to two and one-tenths percent of final average salary times years of credited service at the completion of twenty years of service or upon attainment of age sixty-two, increased by one-third of one percent of final average salary for each month of service in excess of twenty years, but not in excess of fifty percent of final average salary, less fifty percent of the primary social security retirement benefit commencing at age sixty- two as provided in section five hundred eleven of this article, provided, however, that New York city police/fire revised plan members,
Co-Sponsors
Todd Kaminsky
(D) 9th Senate District
Timothy M. Kennedy
(D, IP, WF) 63rd Senate District
Mike Martucci
(R, C) 42nd Senate District
Diane J. Savino
(D, IP) 23rd Senate District
S6082A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A6930
- Current Committee:
- Senate Finance
- Law Section:
- Retirement and Social Security Law
- Laws Affected:
- Amd §§505, 511 & 516, R & SS L
- Versions Introduced in 2019-2020 Legislative Session:
-
S8149, A10690
S6082A (ACTIVE) - Summary
Relates to primary social security retirement benefits for certain members; provides that in the computation of the normal service retirement benefit of members of the New York city fire department pension fund, there shall be no reduction for the primary social security retirement benefit.
S6082A (ACTIVE) - Sponsor Memo
BILL NUMBER: S6082A SPONSOR: GOUNARDES TITLE OF BILL: An act to amend the retirement and social security law, in relation to primary social security retirement benefits for police/fire members who are members of the New York city fire department pension fund PURPOSE OR GENERAL IDEA OF BILL: To eliminate the social security offset for retirement allowances for members of the New York City Fire Department Pension Fund. SUMMARY OF PROVISIONS: Section 1 amends section 505 of the retirement and social security law to provide that the normal service retirement benefit, early service retirement benefit, and the annual escalation of such benefits shall not be reduced by the value of the primary social security benefit commenc- ing at age sixty-two for members of the New York City fire department pension fund.
S6082A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6082--A 2021-2022 Regular Sessions I N S E N A T E April 7, 2021 ___________ Introduced by Sens. GOUNARDES, KAMINSKY, MARTUCCI -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions -- recommitted to the Committee on Civil Service and Pensions in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the retirement and social security law, in relation to primary social security retirement benefits for police/fire members who are members of the New York city fire department pension fund THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 505 of the retirement and social security law, as amended by chapter 18 of the laws of 2012, is amended to read as follows: § 505. Service retirement benefits; police/fire members, New York city uniformed correction/sanitation revised plan members and investigator revised plan members. a. The normal service retirement benefit for police/fire members, New York city uniformed correction/sanitation revised plan members and investigator revised plan members at normal retirement age shall be a pension equal to fifty percent of final aver- age salary, less fifty percent of the primary social security retirement benefit commencing at age sixty-two, as provided in section five hundred eleven of this article, PROVIDED, HOWEVER, THAT THE COMPUTATION OF THE NORMAL SERVICE RETIREMENT BENEFIT OF MEMBERS OF THE NEW YORK CITY FIRE DEPARTMENT PENSION FUND, SHALL NOT BE REDUCED BY THE PRIMARY SOCIAL SECURITY RETIREMENT BENEFIT COMMENCING AT AGE SIXTY-TWO AS PROVIDED IN SECTION FIVE HUNDRED ELEVEN OF THIS ARTICLE. b. The early service retirement benefit for police/fire members, New York city uniformed correction/sanitation revised plan members and investigator revised plan members shall be a pension equal to two and one-tenths percent of final average salary times years of credited EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08553-08-2
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