NY S06460 | 2017-2018 | General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on December 18 2017 - 100% progression
Action: 2017-12-18 - SIGNED CHAP.467
Text: Latest bill text (Introduced) [HTML]

Summary

Relates to allowing certain members, upon retirement, to use any basic or additional member contributions to offset any deficits in such other contribution account; relates to the definition of additional member contributions and basic member contributions for certain New York city employees' retirement system members who are subject to certain retirement plans under articles 14 and 15 of the retirement and social security law; allows such additional member contributions to be used to offset a deficit of basic member contributions or to allow an excess of basic member contributions to offset a deficit of additional member contributions upon retirement.

Tracking Information

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Title

Relates to allowing certain members, upon retirement, to use any basic or additional member contributions to offset any deficits in such other contribution account; relates to the definition of additional member contributions and basic member contributions for certain New York city employees' retirement system members who are subject to certain retirement plans under articles 14 and 15 of the retirement and social security law; allows such additional member contributions to be used to offset a deficit of basic member contributions or to allow an excess of basic member contributions to offset a deficit of additional member contributions upon retirement.

Sponsors


Roll Calls

2017-06-21 - Assembly - Assembly Floor Vote - Final Passage (Y: 141 N: 1 NV: 0 Abs: 8) [PASS]
2017-06-15 - Senate - Senate Floor Vote - Final Passage (Y: 60 N: 0 NV: 0 Abs: 3) [PASS]
2017-06-14 - Senate - Senate Rules Committee Vote (Y: 24 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2017-12-18AssemblySIGNED CHAP.467
2017-12-06SenateDELIVERED TO GOVERNOR
2017-06-21Assemblyreturned to senate
2017-06-21Assemblypassed assembly
2017-06-21Assemblyordered to third reading rules cal.619
2017-06-21Assemblysubstituted for a8055
2017-06-15Assemblyreferred to governmental employees
2017-06-15SenateDELIVERED TO ASSEMBLY
2017-06-15SenatePASSED SENATE
2017-06-14SenateORDERED TO THIRD READING CAL.1766
2017-06-14SenateCOMMITTEE DISCHARGED AND COMMITTED TO RULES
2017-05-23SenateREFERRED TO CIVIL SERVICE AND PENSIONS

Same As/Similar To

A08055 (Same As) 2017-06-21 - substituted by s6460

New York State Sources


Bill Comments

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