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S4735Senate2009-2010 SessionSame asA8002

Authorizes Walter M. Callahan, a retiree of the New York state and local employees' retirement system to transfer his membership to the New York state teachers' retirement system

Sponsor William J. Larkin Jr.SD-39Affects Finance
Status
In Senate Committee
Civil Service And Pensions
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Civil Service And Pensions

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Who cares

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Sponsors

Primary sponsor
William J. Larkin Jr.

Senator · Senate District 39

No co-sponsors yet.

History

  1. Referred to civil service and pensions
  2. Referred to civil service and pensions

Companion bill

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

Title of bill

An act to authorize Walter M. Callahan, a retiree receiving benefits from the New York state and local employees' retirement system, to retroactively terminate his retirement and transfer his membership in such retirement to the New York state teachers' retirement system

Purpose

This bill, requested by Mr. Walter M. Callahan, permits such retiree, who has been receiving enhanced retirement benefits pursuant to Chapter 86 of the Laws of 2000, to be entitled to elect to be deemed retroactively to have transferred his membership in the NY State and Local Employees' Retirement System to the NYS Teachers' Retirement System pursuant to the Retirement and Social Security Law section 43 as of November 3, 2000.

Summary of provisions

Section 1: Enacts a free standing unconsolidated law that effectuates the provisions stated above in the Purposes section of this memo.

Existing law

None.

Justification

This was requested by Mr. Walter M. Callahan.

Legislative history

S.8503 of 2008

Fiscal implications

See Fiscal Note attached to the bill text.

Local fiscal implications

See Fiscal Note attached to the bill text.

Effective date

Immediate.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.