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File #: SLR 0001-2018    Version: * Name: Amending the contribution provisions applicable to certain New York City Employees’ Retirement System (NYCERS) Special Plans subject to Retirement and Social Security Law (RSSL) Articles 14 and 15. (A.10696/ S. 8497)
Type: SLR Status: Adopted
Committee: Committee on State and Federal Legislation
On agenda: 6/7/2018
Enactment date: Law number:
Title: State Legislation Resolution requesting the New York State Legislature to pass bills introduced by Senator Savino, S.8497, and Assembly Member Abbate, A.10696, "AN ACT to amend the retirement and social security law, in relation to amending the contribution provisions applicable to certain New York City Employees' Retirement System (NYCERS) Special Plans subject to Retirement and Social Security Law (RSSL) Articles 14 and 15 to allow using any excess basic or additional member contributions to offset any deficits in such other contribution account prior to date of retirement".
Sponsors: Andrew Cohen, Ben Kallos
Council Member Sponsors: 2
Attachments: 1. SLR, 2. A. 10696, 3. S. 8497, 4. Committee Report, 5. Hearing Transcript, 6. Fiscal Impact Statement, 7. Hearing Transcript - Stated Meeting 6-7-18, 8. Minutes of the Recessed Stated Meeting - June 7, 2018, 9. Minutes of the Stated Meeting - June 7, 2018

Preconsidered State Legislation Resolution No. 1

 

State Legislation Resolution requesting the New York State Legislature to pass bills introduced by Senator Savino, S.8497, and Assembly Member Abbate, A.10696, “AN  ACT  to amend the retirement and social security law, in relation to amending the contribution provisions applicable to  certain  New  York City  Employees' Retirement  System (NYCERS) Special Plans subject to Retirement and Social Security Law (RSSL) Articles 14 and 15 to allow using any excess basic or additional member contributions to offset any deficits in such other contribution account  prior  to  date  of retirement”.

 

By Council Members Cohen and Kallos

 

                     Whereas, Bills have been introduced in the New York State Legislature by Senator Savino, S.8497, and Assembly Member Abbate, A.10696, “AN ACT to amend the retirement and social security law, in relation to amending the contribution provisions applicable to  certain  New  York City  Employees' Retirement  System (NYCERS) Special Plans subject to Retirement and Social Security Law (RSSL) Articles 14 and 15 to  allow using  any  excess  basic or additional member contributions to offset any deficits in such other  contribution  account  prior  to  date  of 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.

 

                     Referred to the Committee on State and Federal Legislation.