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Who cares
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Sponsors
No co-sponsors yet.
History
- Referred to labor
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to the reduction in unemployment benefits where a claimant is retiring
In Assembly Committee · Labor · Sponsor Richard Gottfried
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S6529
Title of bill
An act to amend the labor law, in relation to the reduction of unemploy- ment benefits
Purpose or general idea of bill
To expand the provision that exempts some unemployment insurance recipi- ents from certain pension or retirement benefit reductions.
Summary of specific provisions
Section 1 would waive the unemployment insurance reduction for unem- ployed who receive pension or retirement benefits chargeable to an account held by multiple employers.
Justification
Many workers who receive a pension from various sources are affected by a reduction to their unemployment insurance. This bill would change that. It is unfair for the law to apply differently based solely on whether one's pension is funded by one or multiple employers.
Prior legislative history
New Bill.
Fiscal implications
To be determined.
Effective date
90 days; applies to payment made on or after it takes effect.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.