Bill Text: NY A05865 | 2019-2020 | General Assembly | Introduced

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Bill Title: Makes membership in the state retirement system optional for members of the legislature.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2020-07-16 - held for consideration in governmental employees [A05865 Detail]

Download: New_York-2019-A05865-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          5865
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    February 20, 2019
                                       ___________
        Introduced  by  M.  of A. LALOR, REILLY -- read once and referred to the
          Committee on Governmental Employees
        AN ACT to amend the retirement and social security law, in  relation  to
          making membership in the retirement system optional for members of the
          legislature
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Subparagraph (i) of paragraph 1 of subdivision b of section
     2  40 of the retirement and social security law, is relettered subparagraph
     3  (j) and a new subparagraph (i) is added to read as follows:
     4    (i) Who begins service as a member of the legislature after the effec-
     5  tive date of this subparagraph.
     6    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00921-01-9