•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 
  •  
  •  LFIN 
  •  
  •  Chamber Video/Transcript 

A03357 Summary:

BILL NOA03357
 
SAME ASSAME AS S01011
 
SPONSORBronson
 
COSPNSRMcDonald, DeStefano, Griffin, Shimsky, Kay, Steck, Yeger, Colton, Rivera
 
MLTSPNSRSimon
 
Add §540, Ed L; add §§113-b & 411-a, R & SS L
 
Relates to changes of membership eligibility in a New York state retirement system.
Go to top

A03357 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          3357
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                    January 27, 2025
                                       ___________
 
        Introduced  by M. of A. BRONSON -- read once and referred to the Commit-
          tee on Governmental Employees
 
        AN ACT to amend the education law and the retirement and social security
          law, in relation to changes of membership eligibility in  a  New  York
          state retirement system

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. The education law is amended by adding a new section 540 to
     2  read as follows:
     3    § 540. Written acknowledgement of change of membership eligibility.  A
     4  member  intending to initiate or undergo a change of title or employment
     5  responsibilities while remaining in the employ of such member's  current
     6  employer  which shall affect such member's eligibility for membership or
     7  ability to accrue service credit in the  retirement  system  defined  in
     8  subdivision  one  of  section five hundred one of this article, and such
     9  member's employer shall both execute a written statement provided by the
    10  retirement board that such member  and  such  employer  acknowledge  and
    11  understand  that  such  member,  on a specific date, will no longer be a
    12  member of such retirement system or will no longer be eligible to accrue
    13  service credit in such member's retirement plan.  Such  employer  shall,
    14  within  thirty  days  after signature by both parties, file such written
    15  statement with the retirement board in order to effectuate  such  change
    16  of membership.
    17    § 2. The retirement and social security law is amended by adding a new
    18  section 113-b to read as follows:
    19    §  113-b. Written acknowledgement of change of membership eligibility.
    20  A member intending to initiate or undergo a change of title  or  employ-
    21  ment  responsibilities  while  remaining  in the employ of such member's
    22  current employer  which  shall  affect  such  member's  eligibility  for
    23  membership  or ability to accrue service credit in the retirement system
    24  defined in subdivision twenty-eight of section two of this article,  and
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00371-01-5

        A. 3357                             2
 
     1  such  member's  employer shall both execute a written statement provided
     2  by the office of the comptroller that  such  member  and  such  employer
     3  acknowledge and understand that such member, on a specific date, will no
     4  longer be a member of such retirement system or will no longer be eligi-
     5  ble  to  accrue  service  credit  in such member's retirement plan. Such
     6  employer shall, within thirty days after signature by both parties, file
     7  such written statement with the office of the comptroller  in  order  to
     8  effectuate such change of membership.
     9    § 3. The retirement and social security law is amended by adding a new
    10  section 411-a to read as follows:
    11    §  411-a. Written acknowledgement of change of membership eligibility.
    12  A member intending to initiate or undergo a change of title  or  employ-
    13  ment  responsibilities  while  remaining  in the employ of such member's
    14  current employer  which  shall  affect  such  member's  eligibility  for
    15  membership  or ability to accrue service credit in the retirement system
    16  defined in subdivision twenty-eight of section three hundred two of this
    17  article, and such member's employer shall both execute a written  state-
    18  ment  provided  by  the  office of the comptroller that such  member and
    19  such employer acknowledge and understand that such member, on a specific
    20  date, will no longer be a member of such retirement system  or  will  no
    21  longer  be eligible to accrue service credit in such member's retirement
    22  plan. Such employer shall, within thirty days after  signature  by  both
    23  parties,  file such written statement with the office of the comptroller
    24  in order to effectuate such change of membership.
    25    § 4. This act shall take effect on the sixtieth  day  after  it  shall
    26  have  become  a  law.    Effective  immediately, the addition, amendment
    27  and/or repeal of any rule or regulation necessary for the implementation
    28  of this act on  its  effective  date  are  authorized  to  be  made  and
    29  completed on or before such effective date.
Go to top