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History
- Referred to civil service and pensions
- Print number 5705b
- Amend and recommit to civil service and pensions
- Print number 5705a
- Amend (t) and recommit to civil service and pensions
- Referred to civil service and pensions
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 disability benefits for certain members of the New York city police pension fund, the New York city fire department pension fund or the New York city employees' retirement system
In Assembly Committee · Governmental Employees · Sponsor Luis R. Sepúlveda
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S5705B
Title of bill
An act to amend the retirement and social security law, in relation to disability benefits for certain members of the New York city police pension fund, the New York city fire department pension fund and the New York city employees' retirement system
Purpose or general idea of bill
This bill seeks to improve the status of uniformed workers disabled on the job.
Summary of specific provisions
Section 1 amends section 506 of the retirement. and social security law by adding five new subdivisions e, f, g, h and i.
Section 2 amends Section 507 of the retirement and social security law by adding six new subdivisions c--1, c-2, c-3, c-4, c-5, and c-6.
Section 3 amends Section 510 of the retirement and social security law by adding a new subdivision i.
Section 4 amends Subdivision f of section 511 of the retirement. and social security law, as amended by chapter 18 of the laws of 2012, and adds a new subdivision g.
Section 5 is the effective date.
Justification
Prior to July 2009 for police officers and firefighters, and prior to 2012 for sanitation workers and correction officers a worker disabled on the job received a tax-free accidental disability retirement benefit. equal to 75 percent of final salary, in addition to any Social Security benefit, including Social Security Disability Insurance.
Following state changes, all of the City's uniformed forces pensions now receive a tax-free accidental disability retirement. benefit of 50 percent of pay based on a three or five-year average (Tiers 3 and 6). This is offset by one-half of any benefits they receive from Social Security.
This bill would count a higher salary in the disability package and remove the Social Security offset. Additionally, the bill will replace Tiers 3 and 6 COLA with Tier 2 COLA.
Prior legislative history
New Bill.
Fiscal implications
New York City has estimated a financial impact of $47 million through FY 2019.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.