STATE OF NEW YORK
________________________________________________________________________
6049
2017-2018 Regular Sessions
IN SENATE
May 10, 2017
___________
Introduced by Sen. GOLDEN -- read twice and ordered printed, and when
printed to be committed to the Committee on Civil Service and Pensions
AN ACT to amend the retirement and social security law, the education
law and the administrative code of the city of New York, in relation
to providing cost-of-living adjustments
The People of the State of New York, represented in Senate and Assem-
bly, do enact as follows:
1 Section 1. Subdivision a of section 78-a of the retirement and social
2 security law, as added by chapter 125 of the laws of 2000, is amended to
3 read as follows:
4 a. [A] Effective on the first day of September, two thousand seven-
5 teen, a cost-of-living adjustment shall be payable on the basis provided
6 for in this section to: (i) all pensioners who have attained age
7 [sixty-two] fifty-five and have been retired for five years; (ii) [all
8 pensioners who have attained age fifty-five and have been retired for
9 ten years; (iii)] all disability pensioners regardless of age who have
10 been retired for five years; and [(iv)] (iii) all recipients of an acci-
11 dental death benefit regardless of age who have been receiving such
12 benefit for five years.
13 § 2. Subdivision a of section 378-a of the retirement and social secu-
14 rity law, as added by chapter 125 of the laws of 2000, is amended to
15 read as follows:
16 a. [A] Effective on the first day of September, two thousand seven-
17 teen, a cost-of-living adjustment shall be payable on the basis provided
18 for in this section to: (i) all pensioners who have attained age
19 [sixty-two] fifty-five and have been retired for five years; and (ii)
20 [all pensioners who have attained age fifty-five and have been retired
21 for ten years; and (iii)] all disability pensioners regardless of age
22 who have been retired for five years.
23 § 3. Subdivision a of section 532-a of the education law, as added by
24 chapter 125 of the laws of 2000, is amended to read as follows:
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11287-01-7
S. 6049 2
1 a. [A] Effective on the first day of September, two thousand seven-
2 teen, a cost-of-living adjustment shall be payable on the basis provided
3 for in this section to: (i) all pensioners who have attained age
4 [sixty-two] fifty-five and have been retired for five years; (ii) [all
5 pensioners who have attained age fifty-five and have been retired for
6 ten years; (iii)] all disability pensioners regardless of age who have
7 been retired for five years; and [(iv)] (iii) all recipients of an acci-
8 dental death benefit regardless of age who have been receiving such
9 benefit for five years.
10 § 4. Subdivision a of section 13-696 of the administrative code of the
11 city of New York, as amended by chapter 288 of the laws of 2001, is
12 amended to read as follows:
13 a. [A] Effective on the first day of September, two thousand seven-
14 teen, a cost-of-living adjustment shall be payable to retired members of
15 the New York city employees' retirement system, the New York city teach-
16 ers' retirement system, the New York city police pension fund, the New
17 York city fire department pension fund, the New York city board of
18 education retirement system or the relief and pension fund of the
19 department of street cleaning provided for in subchapter one of this
20 chapter on the basis provided for in this section to: (i) all retired
21 members who have attained age [sixty-two] fifty-five and have been
22 retired for five years; (ii) [all retired members who have attained age
23 fifty-five and have been retired for ten years; (iii)] all members who
24 retired for disability regardless of age who have been retired for five
25 years; and [(iv)] (iii) all recipients of an accidental death benefit
26 regardless of age who have been receiving such benefit for five years.
27 § 5. This act shall take effect immediately.