NY S07372 | 2023-2024 | General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on June 30 2023 - 100% progression
Action: 2023-06-30 - SIGNED CHAP.184
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, 2025.

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, 2025.

Sponsors


Roll Calls

2023-06-06 - Assembly - Assembly Floor Vote - Final Passage (Y: 144 N: 3 NV: 0 Abs: 3) [PASS]
2023-06-05 - Senate - Senate Floor Vote - Final Passage (Y: 61 N: 0 NV: 0 Abs: 2) [PASS]
2023-05-30 - Senate - Senate Rules Committee Vote (Y: 21 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2023-06-30SenateSIGNED CHAP.184
2023-06-26SenateDELIVERED TO GOVERNOR
2023-06-06Assemblyreturned to senate
2023-06-06Assemblypassed assembly
2023-06-06Assemblyordered to third reading rules cal.563
2023-06-06Assemblysubstituted for a7644
2023-06-05Assemblyreferred to ways and means
2023-06-05SenateDELIVERED TO ASSEMBLY
2023-06-05SenatePASSED SENATE
2023-05-30SenateORDERED TO THIRD READING CAL.1424
2023-05-30SenateCOMMITTEE DISCHARGED AND COMMITTED TO RULES
2023-05-22SenateREFERRED TO CIVIL SERVICE AND PENSIONS

Same As/Similar To

A07644 (Same As) 2023-06-06 - substituted by s7372

New York State Sources


Bill Comments

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