What's happening
This bill allows members, directors, and executive officers of worker cooperatives to opt in for workers’ compensation coverage, rather than being automatically covered.
Why it matters
Gives worker cooperatives more flexibility and control over their costs. by allowing members, directors, and executive officers to opt in to workers' compensation coverage rather than being automatically included. This could allow co-ops to better manage their expenses, especially if members prefer alternative protections or self-insure.
May impact personal financial risk. for cooperative members and leaders, since opting out means they could be responsible for their own medical costs or lost wages if injured on the job, unless they choose to opt in to coverage.
Establishes that those who do opt in will have full workers’ compensation rights and benefits. including medical care and compensation, and their dependents are also protected—ensuring parity with traditional employees if coverage is chosen.
Premiums for coverage will be based on actual wages earned. by opting-in members, directors, or officers, rather than minimum remuneration rules. This could result in lower insurance costs for those who earn less or have variable incomes.
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Worker cooperative members, directors and executive officers
They would be excluded from workers’ compensation coverage unless they elect coverage, with premiums based on actual weekly wages rather than minimum remuneration amounts.
Worker cooperatives
They could arrange elected coverage through an insurance policy or, if self-insured, by filing a notice naming covered individuals on a form prescribed by the Workers’ Compensation Board chair.
Workers’ compensation insurers
They would be liable for compensation, medical care and required special-fund payments for covered cooperative members, directors and executive officers as they are for employees.
Dependents of covered cooperative members, directors and executive officers
They would have the same rights and remedies as dependents of employees under the workers’ compensation law.
Headline styles
Worker Co-Op Coverage Choice
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Referred to labor
- Referred to labor
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
3384
2017-2018 Regular Sessions
IN ASSEMBLY
January 27, 2017
Introduced by M. of A. RYAN -- read once and referred to the Committee on Labor
AN ACT to amend the workers' compensation law, in relation to coverage for members of the worker cooperative
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 54 of the workers' compensation law is amended by adding a new subdivision 9 to read as follows:
9. a. All members, directors and executive officers of a worker cooperative as defined in article five-A of the cooperative corporation law shall be excluded from the coverage of this chapter unless any one or more of the members, directors or executive officers elect or elects to be covered. Such coverage may be effected by obtaining an insurance policy or, in the case of self-insurance, by the cooperative submitting a form prescribed by the chair of the workers' compensation board, giving notice that the cooperative elects to bring one or more of the members, directors or executive officers of such cooperative named in the notice within the coverage of this chapter. If any member, director or executive officer does elect to be covered by the provisions of this chapter, any premium for such member, director or executive officer shall be calculated based upon actual weekly wages earned by the member, director or executive officer and any minimum weekly remuneration for executive officers or other minimum amounts shall not apply.
b. The members, directors and executive officers of a worker cooperative brought within the coverage of the insurance contract, and the dependents of any such member, director or executive officer shall have the same rights and remedies as an employee or his dependents and shall be entitled to compensation and medical care as provided by this chapter and the insurance carrier shall be liable therefor and for payments into special funds provided in this chapter as in the case of an employee.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD07942-01-7
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.