- Summary
- Actions
- Committee Votes
- Floor Votes
- Memo
- Text
- LFIN
- Chamber Video/Transcript
A06603 Summary:
BILL NO | A06603A |
  | |
SAME AS | SAME AS S05329-A |
  | |
SPONSOR | Brindisi |
  | |
COSPNSR | Abbate, Sepulveda, Colton, Walker, Crouch, Wallace, Pellegrino, Goodell, Hunter, Santabarbara, Jones, Lupardo, Blankenbush |
  | |
MLTSPNSR | Hawley |
  | |
Amd §532, Ed L | |
  | |
Relates to the minimum retirement allowance for members of the New York state teachers' retirement system who retired prior to July 1, 1980. |
A06603 Actions:
BILL NO | A06603A | |||||||||||||||||||||||||||||||||||||||||||||||||
  | ||||||||||||||||||||||||||||||||||||||||||||||||||
03/09/2017 | referred to governmental employees | |||||||||||||||||||||||||||||||||||||||||||||||||
05/23/2017 | reported referred to ways and means | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2017 | reported referred to rules | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2017 | reported | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2017 | rules report cal.489 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2017 | ordered to third reading rules cal.489 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/20/2017 | passed assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
06/20/2017 | delivered to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
06/20/2017 | REFERRED TO RULES | |||||||||||||||||||||||||||||||||||||||||||||||||
01/03/2018 | DIED IN SENATE | |||||||||||||||||||||||||||||||||||||||||||||||||
01/03/2018 | RETURNED TO ASSEMBLY | |||||||||||||||||||||||||||||||||||||||||||||||||
01/03/2018 | referred to governmental employees | |||||||||||||||||||||||||||||||||||||||||||||||||
01/22/2018 | amend and recommit to governmental employees | |||||||||||||||||||||||||||||||||||||||||||||||||
01/22/2018 | print number 6603a | |||||||||||||||||||||||||||||||||||||||||||||||||
04/24/2018 | reported referred to ways and means |
A06603 Committee Votes:
Abbate | Aye | Malliotakis | Aye | ||||||
Aubry | Aye | Johns | Aye | ||||||
Colton | Aye | Palumbo | Aye | ||||||
Cusick | Aye | Crouch | Aye | ||||||
Zebrowski | Aye | ||||||||
DenDekker | Aye | ||||||||
Santabarbara | Aye | ||||||||
Brindisi | Aye | ||||||||
D'Urso | Aye | ||||||||
Pheffer Amato | Aye | ||||||||
Farrell | Aye | Oaks | Aye | ||||||
Lentol | Aye | Crouch | Aye | ||||||
Schimminger | Aye | Barclay | Aye | ||||||
Gantt | Aye | Fitzpatrick | Nay | ||||||
Weinstein | Aye | Hawley | Aye | ||||||
Glick | Aye | Malliotakis | Aye | ||||||
Nolan | Aye | Walter | Aye | ||||||
Pretlow | Aye | Montesano | Aye | ||||||
Perry | Aye | Curran | Aye | ||||||
Colton | Aye | Ra | Aye | ||||||
Cook | Aye | ||||||||
Cahill | Aye | ||||||||
Aubry | Aye | ||||||||
Hooper | Aye | ||||||||
Thiele | Aye | ||||||||
Cusick | Aye | ||||||||
Ortiz | Aye | ||||||||
Benedetto | Aye | ||||||||
Moya | Aye | ||||||||
Weprin | Aye | ||||||||
Rodriguez | Excused | ||||||||
Ramos | Aye | ||||||||
Braunstein | Aye | ||||||||
McDonald | Aye | ||||||||
Rozic | Aye | ||||||||
Heastie | Aye | Kolb | Aye | ||||||
Gottfried | Aye | Oaks | Aye | ||||||
Lentol | Aye | Butler | Aye | ||||||
Farrell | Aye | Crouch | Aye | ||||||
Gantt | Excused | Finch | Aye | ||||||
Nolan | Aye | Barclay | Aye | ||||||
Weinstein | Aye | Raia | Aye | ||||||
Hooper | Aye | Hawley | Aye | ||||||
Ortiz | Aye | ||||||||
Pretlow | Aye | ||||||||
Cook | Aye | ||||||||
Glick | Aye | ||||||||
Morelle | Aye | ||||||||
Aubry | Aye | ||||||||
Englebright | Aye | ||||||||
Dinowitz | Aye | ||||||||
Colton | Aye | ||||||||
Magnarelli | Aye | ||||||||
Perry | Aye | ||||||||
Galef | Aye | ||||||||
Paulin | Aye | ||||||||
Titus | Aye | ||||||||
Peoples-Stokes | Aye | ||||||||
Abbate | Aye | Malliotakis | Aye | ||||||
Aubry | Aye | Johns | Aye | ||||||
Colton | Aye | Palumbo | Aye | ||||||
Cusick | Aye | Crouch | Aye | ||||||
Zebrowski | Aye | ||||||||
DenDekker | Aye | ||||||||
Santabarbara | Aye | ||||||||
Brindisi | Aye | ||||||||
D'Urso | Aye | ||||||||
Pheffer Amato | Aye | ||||||||
Go to top
A06603 Floor Votes:
Yes
Abbate
Yes
Crouch
Yes
Goodell
Yes
Lifton
ER
O'Donnell
Yes
Sepulveda
Yes
Abinanti
Yes
Curran
Yes
Gottfried
Yes
Lopez
Yes
Ortiz
Yes
Simanowitz
Yes
Arroyo
Yes
Cusick
Yes
Graf
Yes
Lupardo
Yes
Otis
Yes
Simon
Yes
Aubry
Yes
Cymbrowitz
Yes
Gunther
Yes
Lupinacci
Yes
Palmesano
Yes
Simotas
Yes
Barclay
ER
Davila
Yes
Harris
Yes
Magee
Yes
Palumbo
Yes
Skartados
Yes
Barnwell
Yes
De La Rosa
Yes
Hawley
Yes
Magnarelli
Yes
Paulin
Yes
Skoufis
Yes
Barrett
Yes
DenDekker
Yes
Hevesi
Yes
Malliotakis
Yes
Pellegrino
Yes
Solages
Yes
Barron
ER
Dickens
ER
Hikind
Yes
Mayer
Yes
Peoples-Stokes
Yes
Stec
Yes
Benedetto
Yes
Dilan
Yes
Hooper
Yes
McDonald
Yes
Perry
Yes
Steck
Yes
Bichotte
Yes
Dinowitz
Yes
Hunter
Yes
McDonough
Yes
Pheffer Amato
Yes
Stirpe
Yes
Blake
Yes
DiPietro
Yes
Hyndman
Yes
McKevitt
Yes
Pichardo
Yes
Thiele
Yes
Blankenbush
Yes
D'Urso
Yes
Jaffee
Yes
McLaughlin
Yes
Pretlow
Yes
Titone
Yes
Brabenec
Yes
Englebright
Yes
Jean-Pierre
Yes
Miller B
ER
Quart
Yes
Titus
Yes
Braunstein
Yes
Errigo
Yes
Jenne
Yes
Miller MG
Yes
Ra
Yes
Vanel
Yes
Brindisi
Yes
Fahy
Yes
Johns
Yes
Miller ML
Yes
Raia
Yes
Walker
Yes
Bronson
Yes
Farrell
Yes
Jones
Yes
Montesano
Yes
Ramos
Yes
Wallace
Yes
Buchwald
Yes
Finch
Yes
Joyner
Yes
Morelle
Yes
Richardson
Yes
Walsh
Yes
Butler
No
Fitzpatrick
Yes
Kavanagh
Yes
Morinello
Yes
Rivera
Yes
Walter
Yes
Byrne
Yes
Friend
Yes
Kearns
Yes
Mosley
Yes
Rodriguez
Yes
Weinstein
Yes
Cahill
Yes
Galef
Yes
Kim
Yes
Moya
Yes
Rosenthal
Yes
Weprin
Yes
Carroll
ER
Gantt
Yes
Kolb
Yes
Murray
Yes
Rozic
Yes
Williams
Yes
Castorina
Yes
Garbarino
ER
Lalor
Yes
Niou
Yes
Ryan
Yes
Woerner
Yes
Colton
Yes
Giglio
Yes
Lavine
Yes
Nolan
Yes
Santabarbara
Yes
Wright
Yes
Cook
Yes
Gjonaj
Yes
Lawrence
Yes
Norris
Yes
Schimminger
Yes
Zebrowski
Yes
Crespo
Yes
Glick
Yes
Lentol
Yes
Oaks
Yes
Seawright
Yes
Mr. Speaker
‡ Indicates voting via videoconference
A06603 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ 6603--A 2017-2018 Regular Sessions IN ASSEMBLY March 9, 2017 ___________ Introduced by M. of A. BRINDISI, ABBATE, SEPULVEDA, COLTON, WALKER, CROUCH, WALLACE, PELLEGRINO, GOODELL -- Multi-Sponsored by -- M. of A. HAWLEY -- (at request of the New York State Teachers' Retirement System) -- read once and referred to the Committee 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 commit- tee AN ACT to amend the education law, in relation to the minimum retirement allowance for members of the New York state teachers' retirement system who retired prior to July 1, 1980 The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph 1 of subdivision e of section 532 of the educa- 2 tion law, as amended by chapter 580 of the laws of 2001, is amended to 3 read as follows: 4 1. Each pensioner of the retirement system who retired before July 5 first, nineteen hundred [seventy] eighty shall be paid, commencing with 6 a payment for the month of July two thousand [one] eighteen a basic 7 supplemental pension, the total of which when added to his or her yearly 8 retirement allowance computed without optional modification, but exclud- 9 ing any annuity derived from contributions made by members pursuant to 10 paragraphs a and b of subdivision three of section five hundred sixteen, 11 section five hundred twenty-eight, section five hundred twenty-nine, 12 section five hundred thirty, section five hundred thirty-three and 13 section five hundred thirty-five of this article, shall equal the lesser 14 of [seventeen thousand five hundred] nineteen thousand two hundred fifty 15 dollars or the sum of five hundred fifty dollars multiplied by the 16 number of years of full-time New York state service not to exceed thir- 17 ty-five years with which he or she was credited at the time of his or 18 her retirement. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10538-03-8A. 6603--A 2 1 § 2. This act shall take effect June 30, 2018, except that if this act 2 shall have become a law after June 30, 2018, this act shall take effect 3 immediately and shall be deemed to have been in full force and effect on 4 and after June 30, 2018. FISCAL NOTE.--Pursuant to Legislative Law, Section 50: This bill would extend the minimum retirement benefit provision for retirees of the New York State Teachers' Retirement System contained in Section 532(e) of the Education Law to members who retired before July 1, 1980. Currently only members who retired before July 1, 1970 are eligible. Additionally the minimum annual benefit would be increased to $550 for each year of credited full-time New York State service, up to 35 years, for a maximum benefit of $19,250. The benefit is currently $500 for each year up to 35, for a maximum benefit of $17,500. The increased benefit would commence with a payment for the month of July 2018. The annual cost to the employers of members of the New York State Teachers' Retirement System for this benefit is estimated to be $448,000 or .003% of payroll if this bill is enacted. Member data is from the System's most recent actuarial valuation files, consisting of data provided by the employers to the Retirement System. Data distributions and statistics can be found in the System's Comprehensive Annual Financial Report (CAFR). System assets are as reported in the System's financial statements, and can also be found in the CAFR. Actuarial assumptions and methods are provided in the System's Actuarial Valuation Report. The source of this estimate is Fiscal Note 2018-1 dated October 6, 2017 prepared by the Actuary of the New York State Teachers' Retirement System and is intended for use only during the 2018 Legislative Session. I, Richard A. Young, am the Actuary for the New York State Teachers' Retirement System. I am a member of the American Academy of Actuaries and I meet the Qualification Standards of the American Academy of Actu- aries to render the actuarial opinion contained herein.