NY A07644 | 2023-2024 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 26 2023 - 25% progression
Action: 2023-06-06 - substituted by s7372
Text: Latest bill text (Introduced) [HTML]

Summary

Relates to the rate of interest used in the actuarial valuation of liabilities for the purpose of calculating contributions to the New York city employees' retirement system, the New York city teachers' retirement system, the police pension fund, subchapter two, the fire department pension fund, subchapter two and the board of education retirement system of such city by public employers and other obligors required to make employer contributions to such retirement systems, the crediting of special interest and additional interest and additional interest to members of such retirement systems, and the allowance of supplementary interest on the funds of such retirement systems; extends such provisions until June 30, 2025.

Tracking Information

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Title

Relates to the rate of interest used in the actuarial valuation of liabilities for the purpose of calculating contributions to the New York city employees' retirement system, the New York city teachers' retirement system, the police pension fund, subchapter two, the fire department pension fund, subchapter two and the board of education retirement system of such city by public employers and other obligors required to make employer contributions to such retirement systems, the crediting of special interest and additional interest and additional interest to members of such retirement systems, and the allowance of supplementary interest on the funds of such retirement systems; extends such provisions until June 30, 2025.

Sponsors


Roll Calls

2023-06-05 - Assembly - Assembly Rules Committee: Favorable (Y: 28 N: 0 NV: 0 Abs: 3) [PASS]
2023-05-31 - Assembly - Assembly Ways And Means Committee: Favorable refer to committee Rules (Y: 34 N: 1 NV: 0 Abs: 0) [PASS]
2023-05-31 - Assembly - Assembly Governmental Employees Committee: Favorable refer to committee Ways and Means (Y: 13 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2023-06-06Assemblysubstituted by s7372
2023-06-05Assemblyordered to third reading rules cal.563
2023-06-05Assemblyrules report cal.563
2023-06-05Assemblyreported
2023-05-31Assemblyreported referred to rules
2023-05-31Assemblyreported referred to ways and means
2023-05-26Assemblyreferred to governmental employees

Same As/Similar To

S07372 (Same As) 2023-06-30 - SIGNED CHAP.184

New York State Sources


Bill Comments

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