Bill
Bill > S07570
NY S07570
NY S07570Provides that a member of a public retirement system of the state who is a disabled veteran may retire without reduction of their retirement benefit upon their attainment of at least fifty-five years of age and completion of at least thirteen years of credited service in such retirement system.
summary
Introduced
06/07/2023
06/07/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the retirement and social security law, in relation to providing for early retirement without a pension reduction for certain disabled veterans
AI Summary
This bill allows members of a public retirement system in New York State who are disabled veterans to retire without a reduction in their retirement benefit upon reaching at least 55 years of age and completing at least 13 years of credited service in the retirement system. The bill defines "disabled veteran" as a veteran who is certified by the U.S. Veterans' Administration or a military department as having a service-connected disability of at least 60% that was incurred or aggravated during active military service. The costs for the early retirement of these disabled veterans will be paid by the state and all employers participating in the retirement system.
Committee Categories
Labor and Employment
Sponsors (2)
Last Action
REFERRED TO CIVIL SERVICE AND PENSIONS (on 01/03/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/S7570 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S07570&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S07570 |
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