What's happening
This bill requires New York to reimburse certain not-for-profit organizations for retirement contributions made for direct care workers serving people with developmental disabilities.
Why it matters
Increases financial stability for not-for-profit organizations. By guaranteeing state reimbursement for employer retirement contributions, the bill helps these organizations manage costs and maintain predictable budgets, potentially reducing financial uncertainty.
Supports workforce recruitment and retention. State-backed retirement benefits make direct care positions more attractive and competitive, which can help recruit and retain qualified staff to serve people with developmental disabilities—a sector often experiencing high turnover.
Places limits to control state spending. The reimbursement is capped at 10% of the employer’s total payroll, balancing support for nonprofits with fiscal responsibility and preventing excessive claims on state funds.
Provides expedited reimbursement option in urgent cases. Organizations facing cash flow challenges can request faster reimbursement if they demonstrate immediate need, which can prevent disruptions in retirement contributions and, by extension, employee satisfaction and retention.
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Who cares
Headline styles
Fund Nonprofit Disability Worker Retirement
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Referred to mental health
- Referred to mental health
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
1759
2017-2018 Regular Sessions
IN ASSEMBLY
January 13, 2017
Introduced by M. of A. PRETLOW -- read once and referred to the Committee on Mental Health
AN ACT to amend the mental hygiene law, in relation to retirement benefits for certain direct care workers employed by not-for-profit office for people with developmental disabilities providers
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. The mental hygiene law is amended by adding a new section 41.60 to read as follows: § 41.60 Additional expenditures related to retirement benefits.
The office for people with developmental disabilities shall annually reimburse licensed not-for-profit corporations, which provide direct care to consumers of services approved by the office for people with developmental disabilities, for the cost of employer contributions to a retirement benefit fund governed by the provisions of the Federal Employee Retirement Income Security Act of 1974, as amended. Such reimbursement shall commence on the first day of April of the calendar year following the submission by such corporation of the federal Internal Revenue Service Form 5500 which documents that such employer contributions were made. Any such corporation may apply to the office for people with developmental disabilities for expedited reimbursement of such employer contributions upon demonstrating to such office that such payments must be made promptly, and that the corporation cannot reasonably make prompt payment. The office for people with developmental disabilities shall not reimburse any amount which exceeds ten percent of the employer's total payroll on December thirty-first of any year in which contributions are made.
§ 2. This act shall take effect on the first of April next succeeding the date on which it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05222-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.