Bill Text: NY S03440 | 2011-2012 | General Assembly | Amended

New York Senate Bill 3440 (Prior Session Legislation)

Bill Title: Relates to a waiver of earnings limitation for certain retirees of the New York state and local police and fire retirement system who are employed by the state university.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2012-01-26 - PRINT NUMBER 3440B [S03440 Detail]

Download: New_York-2011-S03440-Amended.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                        3440--A
                              2011-2012 Regular Sessions
                                   I N  S E N A T E
                                   February 22, 2011
                                      ___________
       Introduced  by Sen. STAVISKY -- read twice and ordered printed, and when
         printed to be committed to the Committee on Civil Service and Pensions
         -- committee discharged, bill amended, ordered  reprinted  as  amended
         and recommitted to said committee
       AN  ACT relating to a waiver of earnings limitation for certain retirees
         of the New York state and local police and fire retirement system  who
         are employed by the state university
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Notwithstanding any other provision of general  or  special
    2  law, local law and/or charter, the earnings limitations contained in any
    3  such  general or special law, local law and/or charter and applicable to
    4  the employment of persons in a position or positions in  public  service
    5  in  any calendar year while retired and receiving a retirement allowance
    6  shall not apply to any person employed by the state  university  of  New
    7  York  or  by a community college under a program of the state university
    8  during the whole of any calendar year beginning with the  calendar  year
    9  in which this act shall have become a law who meets all of the following
   10  requirements;  such  person  may  continue  as retired and without loss,
   11  suspension or diminution of his or her retirement  allowance,  provided:
   12  (a)  such  person retired while a member of the New York state and local
   13  police and fire retirement  system;  (b)  such  person  is  entitled  to
   14  receive  a  retirement allowance from such retirement system immediately
   15  prior to the commencement date of such employment by the state universi-
   16  ty or community college under a program of the state university, as  the
   17  case  may be, and (c) such retired person is granted a waiver of retire-
   18  ment earnings limitation by the chancellor of the  state  university  of
   19  New  York or the president of a community college under a program of the
   20  state university, if such person is hired as a member of  the  faculty[,
   21  chief of police] or director of public safety, as the case may be.
   22    S 2. This act shall take effect January 1, 2012.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD00515-02-1