Bill Text: NY S05842 | 2019-2020 | General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relates to member contribution per centum increases.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-03-26 - PRINT NUMBER 5842A [S05842 Detail]
Download: New_York-2019-S05842-Introduced.html
Bill Title: Relates to member contribution per centum increases.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-03-26 - PRINT NUMBER 5842A [S05842 Detail]
Download: New_York-2019-S05842-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 5842 2019-2020 Regular Sessions IN SENATE May 15, 2019 ___________ Introduced by Sen. GOUNARDES -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions AN ACT to amend the retirement and social security law and the education law, in relation to member contribution per centum increases The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraphs 1, 2, 3, 4 and 5 of subdivision a of section 517 2 of the retirement and social security law, as added by chapter 18 of the 3 laws of 2012, are amended to read as follows: 4 1. members with wages of forty-five thousand dollars per annum or less 5 shall contribute three per centum of annual wages. On April one, two 6 thousand twenty, and every year thereafter, the wages in this subpara- 7 graph shall be increased by three per centum; 8 2. members with wages greater than forty-five thousand per annum, but 9 not more than fifty-five thousand per annum shall contribute three and 10 one-half per centum of annual wages. On April one, two thousand twenty, 11 and every year thereafter, the wages in this subparagraph shall be 12 increased by three per centum; 13 3. members with wages greater than fifty-five thousand per annum, but 14 not more than seventy-five thousand per annum shall contribute four and 15 one-half per centum of annual wages. On April one, two thousand twenty, 16 and every year thereafter, the wages in this subparagraph shall be 17 increased by three per centum; 18 4. members with wages greater than seventy-five thousand per annum but 19 not more than one hundred thousand per annum shall contribute five and 20 three-quarters per centum of annual wages. On April one, two thousand 21 twenty, and every year thereafter, the wages in this subparagraph shall 22 be increased by three per centum; and 23 5. members with wages greater than one hundred thousand per annum 24 shall contribute six per centum of annual wages. On April one, two thou- EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11081-01-9S. 5842 2 1 sand twenty, and every year thereafter, the wages in this subparagraph 2 shall be increased by three per centum. 3 § 2. Subparagraphs (i), (ii), (iii), (iv) and (v) of paragraph 1 of 4 subdivision a, subparagraphs (i), (ii), (iii), (iv) and (v) of paragraph 5 2 of subdivision a, paragraphs 1, 2, 3, 4 and 5 of subdivision f and 6 paragraphs 1, 2, 3, 4 and 5 of subdivision g of section 613 of the 7 retirement and social security law, subparagraphs (i), (ii), (iii), (iv) 8 and (v) of paragraph 1 and subparagraphs (i), (ii), (iii), (iv) and (v) 9 of paragraph 2 of subdivision a as amended by chapter 510 of the laws of 10 2015 and paragraphs 1, 2, 3, 4 and 5 of subdivision f and paragraphs 1, 11 2, 3, 4 and 5 of subdivision g as added by chapter 18 of the laws of 12 2012, are amended to read as follows: 13 (i) members with wages of forty-five thousand dollars per annum or 14 less shall contribute three per centum of annual wages. On April one, 15 two thousand twenty, and every year thereafter, the wages in this 16 subparagraph shall be increased by three per centum; 17 (ii) members with wages greater than forty-five thousand per annum, 18 but not more than fifty-five thousand per annum shall contribute three 19 and one-half per centum of annual wages. On April one, two thousand 20 twenty, and every year thereafter, the wages in this subparagraph shall 21 be increased by three per centum; 22 (iii) members with wages greater than fifty-five thousand per annum, 23 but not more than seventy-five thousand per annum shall contribute four 24 and one-half per centum of annual wages. On April one, two thousand 25 twenty, and every year thereafter, the wages in this subparagraph shall 26 be increased by three per centum; 27 (iv) members with wages greater than seventy-five thousand per annum 28 but not more than one hundred thousand per annum shall contribute five 29 and three-quarters per centum of annual wages. On April one, two thou- 30 sand twenty, and every year thereafter, the wages in this subparagraph 31 shall be increased by three per centum; and 32 (v) members with wages greater than one hundred thousand per annum 33 shall contribute six per centum of annual wages. On April one, two thou- 34 sand twenty, and every year thereafter, the wages in this subparagraph 35 shall be increased by three per centum. 36 (i) members with wages of forty-five thousand dollars per annum or 37 less shall contribute three per centum of annual wages. On April one, 38 two thousand twenty, and every year thereafter, the wages in this 39 subparagraph shall be increased by three per centum; 40 (ii) members with wages greater than forty-five thousand per annum, 41 but not more than fifty-five thousand per annum shall contribute three 42 and one-half per centum of annual wages. On April one, two thousand 43 twenty, and every year thereafter, the wages in this subparagraph shall 44 be increased by three per centum; 45 (iii) members with wages greater than fifty-five thousand per annum, 46 but not more than seventy-five thousand per annum shall contribute four 47 and one-half per centum of annual wages. On April one, two thousand 48 twenty, and every year thereafter, the wages in this subparagraph shall 49 be increased by three per centum; 50 (iv) members with wages greater than seventy-five thousand per annum 51 but not more than one hundred thousand per annum shall contribute five 52 and three-quarters per centum of annual wages. On April one, two thou- 53 sand twenty, and every year thereafter, the wages in this subparagraph 54 shall be increased by three per centum; and 55 (v) members with wages greater than one hundred thousand per annum 56 shall contribute six per centum of annual wages. On April one, two thou-S. 5842 3 1 sand twenty, and every year thereafter, the wages in this subparagraph 2 shall be increased by three per centum. 3 1. members with wages of forty-five thousand dollars per annum or less 4 shall contribute three per centum of annual wages. On April one, two 5 thousand twenty, and every year thereafter, the wages in this subpara- 6 graph shall be increased by three per centum; 7 2. members with wages greater than forty-five thousand per annum, but 8 not more than fifty-five thousand per annum shall contribute three and 9 one-half per centum of annual wages. On April one, two thousand twenty, 10 and every year thereafter, the wages in this subparagraph shall be 11 increased by three per centum; 12 3. members with wages greater than fifty-five thousand per annum, but 13 not more than seventy-five thousand per annum shall contribute four and 14 one-half per centum of annual wages. On April one, two thousand twenty, 15 and every year thereafter, the wages in this subparagraph shall be 16 increased by three per centum; 17 4. members with wages greater than seventy-five thousand per annum but 18 not more than one hundred thousand per annum shall contribute five and 19 three-quarters per centum of annual wages. On April one, two thousand 20 twenty, and every year thereafter, the wages in this subparagraph shall 21 be increased by three per centum; and 22 5. members with wages greater than one hundred thousand per annum 23 shall contribute six per centum of annual wages. On April one, two thou- 24 sand twenty, and every year thereafter, the wages in this subparagraph 25 shall be increased by three per centum. 26 1. members with wages of forty-five thousand dollars per annum or less 27 shall contribute three per centum of annual wages. On July one, two 28 thousand twenty, and every year thereafter, the wages in this subpara- 29 graph shall be increased by three per centum; 30 2. members with wages greater than forty-five thousand per annum, but 31 not more than fifty-five thousand per annum shall contribute three and 32 one-half per centum of annual wages. On July one, two thousand twenty, 33 and every year thereafter, the wages in this subparagraph shall be 34 increased by three per centum; 35 3. members with wages greater than fifty-five thousand per annum, but 36 not more than seventy-five thousand per annum shall contribute four and 37 one-half per centum of annual wages. On July one, two thousand twenty, 38 and every year thereafter, the wages in this subparagraph shall be 39 increased by three per centum; 40 4. members with wages greater than seventy-five thousand per annum but 41 not more than one hundred thousand per annum shall contribute five and 42 three-quarters per centum of annual wages. On July one, two thousand 43 twenty, and every year thereafter, the wages in this subparagraph shall 44 be increased by three per centum; and 45 5. members with wages greater than one hundred thousand per annum 46 shall contribute six per centum of annual wages. On July one, two thou- 47 sand twenty, and every year thereafter, the wages in this subparagraph 48 shall be increased by three per centum. 49 § 3. Subdivisions a, b, c, d and e of section 1204 of the retirement 50 and social security law, as added by chapter 18 of the laws of 2012, are 51 amended to read as follows: 52 a. members with wages of forty-five thousand dollars per annum or less 53 shall contribute three per centum of annual wages. On April one, two 54 thousand twenty, and every year thereafter, the wages in this subdivi- 55 sion shall be increased by three per centum;S. 5842 4 1 b. members with wages greater than forty-five thousand per annum, but 2 not more than fifty-five thousand per annum shall contribute three and 3 one-half per centum of annual wages. On April one, two thousand twenty, 4 and every year thereafter, the wages in this subdivision shall be 5 increased by three per centum; 6 c. members with wages greater than fifty-five thousand per annum, but 7 not more than seventy-five thousand per annum shall contribute four and 8 one-half per centum of annual wages. On April one, two thousand twenty, 9 and every year thereafter, the wages in this subdivision shall be 10 increased by three per centum; 11 d. members with wages greater than seventy-five thousand per annum but 12 not more than one hundred thousand per annum shall contribute five and 13 three-quarters per centum of annual wages. On April one, two thousand 14 twenty, and every year thereafter, the wages in this subdivision shall 15 be increased by three per centum; and 16 e. members with wages greater than one hundred thousand per annum 17 shall contribute six per centum of annual wages. On April one, two thou- 18 sand twenty, and every year thereafter, the wages in this subdivision 19 shall be increased by three per centum. 20 § 4. Paragraphs (a), (b), (c), (d) and (e) of subdivision 2 of section 21 182 of the education law, as added by chapter 18 of the laws of 2012, 22 are amended to read as follows: 23 (a) members with wages of forty-five thousand dollars per annum or 24 less shall contribute three per centum of annual wages. On April one, 25 two thousand twenty, and every year thereafter, the wages in this para- 26 graph shall be increased by three per centum; 27 (b) members with wages greater than forty-five thousand per annum, but 28 not more than fifty-five thousand per annum shall contribute three and 29 one-half per centum of annual wages. On April one, two thousand twenty, 30 and every year thereafter, the wages in this paragraph shall be 31 increased by three per centum; 32 (c) members with wages greater than fifty-five thousand per annum, but 33 not more than seventy-five thousand per annum shall contribute four and 34 one-half per centum of annual wages. On April one, two thousand twenty, 35 and every year thereafter, the wages in this paragraph shall be 36 increased by three per centum; 37 (d) members with wages greater than seventy-five thousand per annum 38 but not more than one hundred thousand per annum shall contribute five 39 and three-quarters per centum of annual wages. On April one, two thou- 40 sand twenty, and every year thereafter, the wages in this paragraph 41 shall be increased by three per centum; and 42 (e) members with wages greater than one hundred thousand per annum 43 shall contribute six per centum of annual wages. On April one, two thou- 44 sand twenty, and every year thereafter, the wages in this paragraph 45 shall be increased by three per centum. 46 § 5. Subparagraphs (i), (ii), (iii), (iv) and (v) of paragraph (d) of 47 subdivision 2 of section 392 of the education law, as added by chapter 48 18 of the laws of 2012, are amended to read as follows: 49 (i) members with wages of forty-five thousand dollars per annum or 50 less shall contribute three per centum of annual wages. On July one, two 51 thousand twenty, and every year thereafter, the wages in this subpara- 52 graph shall be increased by three percentum; 53 (ii) members with wages greater than forty-five thousand per annum, 54 but not more than fifty-five thousand per annum shall contribute three 55 and one-half per centum of annual wages. On July one, two thousand twen-S. 5842 5 1 ty, and every year thereafter, the wages in this subparagraph shall be 2 increased by three percentum; 3 (iii) members with wages greater than fifty-five thousand per annum, 4 but not more than seventy-five thousand per annum shall contribute four 5 and one-half per centum of annual wages. On July one, two thousand twen- 6 ty, and every year thereafter, the wages in this subparagraph shall be 7 increased by three percentum; 8 (iv) members with wages greater than seventy-five thousand per annum 9 but not more than one hundred thousand per annum shall contribute five 10 and three-quarters per centum of annual wages. On July one, two thousand 11 twenty, and every year thereafter, the wages in this subparagraph shall 12 be increased by three percentum; and 13 (v) members with wages greater than one hundred thousand per annum 14 shall contribute six per centum of annual wages. On July one, two thou- 15 sand twenty, and every year thereafter, the wages in this subparagraph 16 shall be increased by three percentum. 17 § 6. Subparagraphs 1, 2, 3, 4 and 5 of paragraph (d) of subdivision 2 18 of section 6252 of the education law, as added by chapter 18 of the laws 19 of 2012, are amended to read as follows: 20 (1) members with wages of forty-five thousand dollars per annum or 21 less shall contribute three per centum of annual wages. On July one, two 22 thousand twenty, and every year thereafter, the wages in this subpara- 23 graph shall be increased by three percentum; 24 (2) members with wages greater than forty-five thousand per annum, but 25 not more than fifty-five thousand per annum shall contribute three and 26 one-half per centum of annual wages. On July one, two thousand twenty, 27 and every year thereafter, the wages in this subparagraph shall be 28 increased by three percentum; 29 (3) members with wages greater than fifty-five thousand per annum, but 30 not more than seventy-five thousand per annum shall contribute four and 31 one-half per centum of annual wages. On July one, two thousand twenty, 32 and every year thereafter, the wages in this paragraph shall be 33 increased by three percentum; 34 (4) members with wages greater than seventy-five thousand per annum 35 but not more than one hundred thousand per annum shall contribute five 36 and three-quarters per centum of annual wages. On July one, two thousand 37 twenty, and every year thereafter, the wages in this paragraph shall be 38 increased by three percentum; and 39 (5) members with wages greater than one hundred thousand per annum 40 shall contribute six per centum of annual wages. On July one, two thou- 41 sand twenty, and every year thereafter, the wages in this paragraph 42 shall be increased by three percentum. 43 § 7. Notwithstanding any other provision of law to the contrary, none 44 of the provisions of this act shall be subject to section 25 of the 45 retirement and social security law. 46 § 8. This act shall take effect immediately.
