NY A10681 | 2011-2012 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on June 14 2012 - 25% progression, died in chamber
Action: 2012-06-21 - ordered to third reading rules cal.573
Text: Latest bill text (Amended) [HTML]

Summary

Relates to the rate of regular 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; establishes the entry age actuarial cost method of determining employer contributions to such retirement systems; makes contributions to such retirement systems by such public employers and such other obligors; credits special interest and additional interest to members of such retirement systems; allows interest on the funds of such retirement systems; relates to employer contributions to the board of education retirement system of such city.

Tracking Information

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Title

Relates to the rate of regular 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; establishes the entry age actuarial cost method of determining employer contributions to such retirement systems; makes contributions to such retirement systems by such public employers and such other obligors; credits special interest and additional interest to members of such retirement systems; allows interest on the funds of such retirement systems; relates to employer contributions to the board of education retirement system of such city.

Sponsors


History

DateChamberAction
2012-06-21Assemblyordered to third reading rules cal.573
2012-06-21Assemblyrules report cal.573
2012-06-21Assemblyreported
2012-06-21Assemblyreported referred to rules
2012-06-19Assemblyprint number 10681a
2012-06-19Assemblyamend and recommit to ways and means
2012-06-14Assemblyreferred to ways and means

Same As/Similar To

S07693 (Same As) 2012-06-13 - REFERRED TO RULES
S07804 (Same As) 2012-06-21 - RECOMMITTED TO RULES

New York State Sources


Bill Comments

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