A 8055 New York Assembly · 2017 Regular Session

Relates to allowing certain members, upon retirement, to use any basic or additional member contributions to offset any deficits in such other contribution account

Summary
Relates to allowing certain members, upon retirement, to use any basic or additional member contributions to offset any deficits in such other contribution account; relates to the definition of additional member contributions and basic member contributions for certain New York city employees' retirement system members who are subject to certain retirement plans under articles 14 and 15 of the retirement and social security law; allows such additional member contributions to be used to offset a deficit of basic member contributions or to allow an excess of basic member contributions to offset a deficit of additional member contributions upon retirement.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2017
Committee Review
Floor Vote
Governor
Introduced May 25, 2017 Last action Jun 21, 2017
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
0
Committee
3
Jun 20, 2017
Assembly · Referred to committee
REPORTED REFERRED TO RULES
Jun 16, 2017
Assembly · Referred to committee
REFERENCE CHANGED TO WAYS AND MEANS
May 25, 2017
Assembly · Referred to committee
REFERRED TO GOVERNMENTAL EMPLOYEES
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Peter J. Abbate, Jr.
Peter J. Abbate, Jr.
DDemocratic
NY
49