Bill Text: NY A06631 | 2017-2018 | General Assembly | Introduced
Bill Title: Provides that for members of a public pension or retirement system, accrued benefits shall not be diminished or impaired except as authorized and prescribed by the legislature.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2018-05-14 - held for consideration in governmental operations [A06631 Detail]
Download: New_York-2017-A06631-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 6631 2017-2018 Regular Sessions IN ASSEMBLY March 10, 2017 ___________ Introduced by M. of A. FITZPATRICK -- read once and referred to the Committee on Governmental Operations CONCURRENT RESOLUTION OF THE SENATE AND ASSEMBLY proposing an amendment to section 7 of article 5 of the constitution, in relation to the calculation of pension benefits for public employees 1 Section 1. Resolved (if the Senate concur), That section 7 of article 2 5 of the constitution be amended to read as follows: 3 § 7. After July first, nineteen hundred forty, membership in any 4 pension or retirement system of the state or of a civil division thereof 5 shall be a contractual relationship, the accrued benefits of which, as 6 defined by law, shall not be diminished or impaired. 7 § 2. Resolved (if the Senate concur), That the foregoing amendment be 8 referred to the first regular legislative session convening after the 9 next succeeding general election of members of the assembly, and, in 10 conformity with section 1 of article 19 of the constitution, be 11 published for 3 months previous to the time of such election. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD89105-01-7
