Senate Bill S5653

Vetoed By Governor
2023-2024 Legislative Session

Relates to age and service eligibility requirements for ordinary retirement for members of the unified court system

download bill text pdf

Sponsored By

Current Bill Status Via A5679 - 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

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2023-S5653 (ACTIVE) - Details

See Assembly Version of this Bill:
A5679
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §§503, 603 & 604, R & SS L
Versions Introduced in Other Legislative Sessions:
2015-2016: S6936, A9440
2017-2018: S3670, S7704, A3332, A9910
2019-2020: S3659, S7813, A5940, A9910
2021-2022: S5630, A6634

2023-S5653 (ACTIVE) - Summary

Relates to age and service eligibility requirements for ordinary retirement for members of the unified court system; restores 55/30 for all members; reduces the retirement age from 63 to 62.

2023-S5653 (ACTIVE) - Sponsor Memo

2023-S5653 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5653
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                              March 10, 2023
                                ___________
 
 Introduced  by  Sen. JACKSON -- 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
   eligibility for retirement benefits for certain members of the unified
   court system

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision a of section 503 of the retirement  and  social
 security  law,  as amended by chapter 18 of the laws of 2012, is amended
 to read as follows:
   a. The normal service retirement benefit  specified  in  section  five
 hundred  four of this article shall be payable to general members, other
 than elective members, who have met  the  minimum  service  requirements
 upon  retirement  and  attainment of age sixty-two, provided, however, a
 general member who is a peace officer  employed  by  the  unified  court
 system  or  a member of a teachers' retirement system may retire without
 reduction of his or her retirement benefit upon attainment of  at  least
 fifty-five  years  of  age  and  completion  of  thirty or more years of
 service. For members who become members of the New York state and  local
 employees'  retirement  system  on  or  after  April first, two thousand
 twelve, the normal service retirement benefits specified in section five
 hundred four of this article shall be payable to general members,  other
 than  elective  members,  who  have met the minimum service requirements
 upon retirement and attainment of  age  sixty-three;  PROVIDED  THAT,  A
 MEMBER  WHO  IS A PEACE OFFICER EMPLOYED BY THE UNIFIED COURT SYSTEM MAY
 RETIRE WITHOUT REDUCTION OF HIS OR HER RETIREMENT BENEFIT  UPON  ATTAIN-
 MENT  OF  AT  LEAST  FIFTY-FIVE YEARS OF AGE AND COMPLETION OF THIRTY OR
 MORE YEARS OF SERVICE.
   § 2. Subdivisions a and a-1 of  section  603  of  the  retirement  and
 social  security  law,  subdivision  a as amended and subdivision a-1 as
 added by chapter 18 of the laws of 2012, are amended to read as follows:
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08385-02-3
              

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