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File #: SLR 0003-2017    Version: * Name: Additional member contributions and basic member contributions for certain NYCER's members who are subject to certain retirement plans under articles 14 and 15 of the retirement and social security law, to allow such additional member contributions to be
Type: SLR Status: Adopted
Committee: Committee on State and Federal Legislation
On agenda: 6/6/2017
Enactment date: Law number:
Title: State Legislation Resolution requesting the New York State Legislature to pass bills introduced by Senator Savino, S.6460, and Assembly Member Abbate, A.8055, "AN ACT to amend the retirement and social security law, in relation to the definition of additional member contributions and basic member contributions for certain New York city employees' retirement system members who are subject to certain retirement plans under articles 14 and 15 of the retirement and social security law, to allow such additional member contributions to be used, to offset a deficit of basic member contributions, or to allow an excess of basic member contributions to offset a deficit of additional member contributions upon retirement".
Sponsors: Karen Koslowitz
Council Member Sponsors: 1
Attachments: 1. Senate and Assembly Bills, 2. Committee Report, 3. Hearing Transcript, 4. June 6, 2017 - Stated Meeting Agenda with Links to Files, 5. Fiscal Impact Statement, 6. Hearing Transcript - Stated Meeting 6-6-17, 7. Minutes of the Stated Meeting - June 6, 2017

Preconsidered State Legislation Resolution No. 3

 

State Legislation Resolution requesting the New York State Legislature to pass bills introduced by Senator Savino, S.6460, and Assembly Member Abbate, A.8055, “AN ACT  to amend the retirement and social security law, in relation to the definition of additional member  contributions  and  basic  member contributions  for  certain New York city employees' retirement system members who are subject to certain retirement plans under articles  14 and  15 of the retirement and social security law, to allow such additional member contributions to be used, to offset a deficit  of basic member  contributions,  or to allow an excess of basic member contributions to offset a deficit of  additional  member  contributions  upon retirement”.

 

By Council Member Koslowitz

 

Whereas, Bills have been introduced in the New York State Legislature by Senator Savino, S.6460, and Assembly Member Abbate, A.8055, “AN  ACT  to amend the retirement and social security law, in relation to the definition of additional member  contributions  and  basic  member contributions  for  certain New York city employees' retirement system members who are subject to certain retirement plans under articles  14 and  15 of the retirement and social security law, to allow such additional member contributions to be used, to offset a deficit  of  basic member  contributions,  or to allow an excess of basic member contributions to offset a deficit of  additional  member  contributions  upon retirement”; and

 

Whereas, The enactment of the above State Legislation requires the concurrence of the Council of the City of New York as the local legislative body; now, therefore, be it

 

Resolved, That the Council of the City of New York, in accordance with the provisions of Section 2 of Article 9 of the Constitution of the State of New York, does hereby request the New York State Legislature to enact into law the aforesaid pending bills.