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S7747Senate2015-2016 Session

Authorizes Thomas Collins to file a request for change of benefit coverage with the New York state teachers' retirement system

Sponsor David CarlucciSD-38Affects 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
David Carlucci

Senator · Senate District 38

Chair, Social Services

No co-sponsors yet.

History

  1. Referred to civil service and pensions

Full text

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

Sponsor's memo

Title of bill

An act in relation to authorizing Thomas Collins to file a request for change of benefit coverage with the New York state teachers' retirement system

Purpose

To authorize Thomas Collins to file a request for change of benefit coverage.

Summary of provisions

Section 1. Notwithstanding any other provision of law, Thomas Collins who is currently receiving benefits in accordance with the New York State Teachers' Retirement System, shall be able to change his current retirement option, within one year of the effective date of this act.

Section 2. States that all past services costs associated with the implementation of this act shall be borne by Thomas Collins.

Section 3. This act shall take effect immediately.

Justification

Mr. Collins is a member of the New York State Teachers retirement system who retired in 2010 after over 40 years of work in the Rockland County community. At the time of his formal retirement, he misunderstood on the type of retirement option he elected to received and is seeking to change this option.

This legislation will allow Mr. Collins the ability change this option as well as any costs associated with this change, will be borne by Mr. Collins.

Legislative history

New Bill.

Fiscal implications

None to the state.

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.