New York A 3357: Relates to changes of membership eligibility in a New York state retirement system

Bill Text

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A03357 Summary:

BILL NOA03357 

&nbsp

SAME ASSAME AS S01011

&nbsp

SPONSORBronson

&nbsp

COSPNSRMcDonald, DeStefano, Griffin, Shimsky, Kay, Steck, Yeger, Colton, Rivera, Bendett, Schiavoni,
 Kassay

&nbsp

MLTSPNSRSimon

&nbsp

Add §540, Ed L; add §§113-b & 411-a, R & SS L

&nbsp

Relates to changes of membership eligibility in a New York state retirement system.

Go to top A03357 Actions:

BILL NOA03357 

&nbsp

01/27/2025referred to governmental employees

01/07/2026referred to governmental employees

Go to topA03357 Committee&nbspVotes:

Go to topA03357 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA03357 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 3357

 2025-2026 Regular Sessions

 IN ASSEMBLY

 January 27, 2025
 ___________

 Introduced by M. of A. BRONSON -- read once and referred to the Commit-
 tee on Governmental Employees

 AN ACT to amend the education law and the retirement and social security
 law, in relation to changes of membership eligibility in a New York
 state retirement system

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The education law is amended by adding a new section 540 to
 2 read as follows:
 3 § 540. Written acknowledgement of change of membership eligibility. A
 4 member intending to initiate or undergo a change of title or employment
 5 responsibilities while remaining in the employ of such member's current
 6 employer which shall affect such member's eligibility for membership or
 7 ability to accrue service credit in the retirement system defined in
 8 subdivision one of section five hundred one of this article, and such
 9 member's employer shall both execute a written statement provided by the
 10 retirement board that such member and such employer acknowledge and
 11 understand that such member, on a specific date, will no longer be a
 12 member of such retirement system or will no longer be eligible to accrue
 13 service credit in such member's retirement plan. Such employer shall,
 14 within thirty days after signature by both parties, file such written
 15 statement with the retirement board in order to effectuate such change
 16 of membership.
 17 § 2. The retirement and social security law is amended by adding a new
 18 section 113-b to read as follows:
 19 § 113-b. Written acknowledgement of change of membership eligibility.
 20 A member intending to initiate or undergo a change of title or employ-
 21 ment responsibilities while remaining in the employ of such member's
 22 current employer which shall affect such member's eligibility for
 23 membership or ability to accrue service credit in the retirement system
 24 defined in subdivision twenty-eight of section two of this article, and

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD00371-01-5

 A. 3357 2

 1 such member's employer shall both execute a written statement provided
 2 by the office of the comptroller that such member and such employer
 3 acknowledge and understand that such member, on a specific date, will no
 4 longer be a member of such retirement system or will no longer be eligi-
 5 ble to accrue service credit in such member's retirement plan. Such
 6 employer shall, within thirty days after signature by both parties, file
 7 such written statement with the office of the comptroller in order to
 8 effectuate such change of membership.
 9 § 3. The retirement and social security law is amended by adding a new
 10 section 411-a to read as follows:
 11 § 411-a. Written acknowledgement of change of membership eligibility.
 12 A member intending to initiate or undergo a change of title or employ-
 13 ment responsibilities while remaining in the employ of such member's
 14 current employer which shall affect such member's eligibility for
 15 membership or ability to accrue service credit in the retirement system
 16 defined in subdivision twenty-eight of section three hundred two of this
 17 article, and such member's employer shall both execute a written state-
 18 ment provided by the office of the comptroller that such member and
 19 such employer acknowledge and understand that such member, on a specific