NY A07958 | 2021-2022 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on June 3 2021 - 25% progression, died in chamber
Action: 2021-06-09 - substituted by s7159
Text: Latest bill text (Introduced) [HTML]

Summary

Relates to the rate of interest used in the actuarial valuation of liabilities for the purpose of calculating contributions to the New York city employees' retirement system, the New York city teachers' retirement system, the police pension fund, subchapter two, the fire department pension fund, subchapter two and the board of education retirement system of such city by public employers and other obligors required to make employer contributions to such retirement systems, the crediting of special interest and additional interest and additional interest to members of such retirement systems, and the allowance of supplementary interest on the funds of such retirement systems; extends such provisions until June 30, 2023.

Tracking Information

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Title

Relates to the rate of interest used in the actuarial valuation of liabilities for the purpose of calculating contributions to the New York city employees' retirement system, the New York city teachers' retirement system, the police pension fund, subchapter two, the fire department pension fund, subchapter two and the board of education retirement system of such city by public employers and other obligors required to make employer contributions to such retirement systems, the crediting of special interest and additional interest and additional interest to members of such retirement systems, and the allowance of supplementary interest on the funds of such retirement systems; extends such provisions until June 30, 2023.

Sponsors


Roll Calls

2021-06-08 - Assembly - Assembly Rules Committee: Favorable (Y: 30 N: 0 NV: 0 Abs: 1) [PASS]
2021-06-08 - Assembly - Assembly Ways And Means Committee: Favorable refer to committee Rules (Y: 33 N: 1 NV: 0 Abs: 1) [PASS]
2021-06-07 - Assembly - Assembly Governmental Employees Committee: Favorable refer to committee Ways and Means (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2021-06-09Assemblysubstituted by s7159
2021-06-08Assemblyordered to third reading rules cal.644
2021-06-08Assemblyrules report cal.644
2021-06-08Assemblyreported
2021-06-08Assemblyreported referred to rules
2021-06-07Assemblyreported referred to ways and means
2021-06-03Assemblyreferred to governmental employees

Same As/Similar To

S07159 (Same As) 2021-08-02 - SIGNED CHAP.391

New York State Sources


Bill Comments

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