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Bill > S08450


NY S08450

NY S08450
Provides that members of a retirement system who retire from such system and later rejoin the retirement system are reinstated with the same rights, benefits and privileges they had prior to retirement.


summary

Introduced
01/31/2024
In Committee
01/31/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the administrative code of the city of New York and the retirement and social security law, in relation to providing that members of a retirement system who retire from such system and later rejoin the retirement system are entitled to the same rights, benefits and privileges such member had prior to retirement

AI Summary

This bill amends the New York City Administrative Code and the New York Retirement and Social Security Law to provide that members of a public retirement system who retire and later rejoin the system are reinstated with the same rights, benefits, and privileges they had prior to retirement. This applies to members who retired on or after July 1, 1976 and subsequently re-entered public service and joined or rejoined a public retirement system. The bill ensures that these members are treated as if they had never left the system they originally joined.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

PRINT NUMBER 8450A (on 06/03/2024)

Bill Topics

Labor and Employment
  • ‐ Employee Benefits

bill text


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