A00556 Summary:

BILL NOA00556A
 
SAME ASSAME AS S06361-A
 
SPONSORBronson
 
COSPNSR
 
MLTSPNSR
 
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.
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A00556 Actions:

BILL NOA00556A
 
01/09/2023referred to governmental employees
01/03/2024referred to governmental employees
03/01/2024amend (t) and recommit to governmental employees
03/01/2024print number 556a
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A00556 Committee Votes:

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A00556 Floor Votes:

There are no votes for this bill in this legislative session.
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A00556 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         556--A
 
                               2023-2024 Regular Sessions
 
                   IN ASSEMBLY
 
                                     January 9, 2023
                                       ___________
 
        Introduced  by M. of A. BRONSON -- read once and referred to the Commit-
          tee on Governmental Employees  --  recommitted  to  the  Committee  on
          Governmental  Employees  in accordance with Assembly Rule 3, sec. 2 --
          committee discharged, bill amended, ordered reprinted as  amended  and
          recommitted to said committee

        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
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01478-02-4

        A. 556--A                           2
 
     1  current  employer  which  shall  affect  such  member's  eligibility for
     2  membership or ability to accrue service credit in the retirement  system
     3  defined  in subdivision twenty-eight of section two of this article, and
     4  such  member's  employer shall both execute a written statement provided
     5  by the office of the comptroller that  such  member  and  such  employer
     6  acknowledge and understand that such member, on a specific date, will no
     7  longer be a member of such retirement system or will no longer be eligi-
     8  ble  to  accrue  service  credit  in such member's retirement plan. Such
     9  employer shall, within thirty days after signature by both parties, file
    10  such written statement with the office of the comptroller  in  order  to
    11  effectuate such change of membership.
    12    § 3. The retirement and social security law is amended by adding a new
    13  section 411-a to read as follows:
    14    §  411-a. Written acknowledgement of change of membership eligibility.
    15  A member intending to initiate or undergo a change of title  or  employ-
    16  ment  responsibilities  while  remaining  in the employ of such member's
    17  current employer  which  shall  affect  such  member's  eligibility  for
    18  membership  or ability to accrue service credit in the retirement system
    19  defined in subdivision twenty-eight of section three hundred two of this
    20  article, and such member's employer shall both execute a written  state-
    21  ment  provided  by  the  office of the comptroller that such  member and
    22  such employer acknowledge and understand that such member, on a specific
    23  date, will no longer be a member of such retirement system  or  will  no
    24  longer  be eligible to accrue service credit in such member's retirement
    25  plan. Such employer shall, within thirty days after  signature  by  both
    26  parties,  file such written statement with the office of the comptroller
    27  in order to effectuate such change of membership.
    28    § 4. This act shall take effect on the sixtieth  day  after  it  shall
    29  have  become  a  law.    Effective  immediately, the addition, amendment
    30  and/or repeal of any rule or regulation necessary for the implementation
    31  of this act on  its  effective  date  are  authorized  to  be  made  and
    32  completed on or before such effective date.
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