NY A08261 | 2009-2010 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 11 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to governmental employees
Pending: Assembly Governmental Employees Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on May 11 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to governmental employees
Pending: Assembly Governmental Employees Committee
Text: Latest bill text (Introduced) [HTML]
Summary
This bill provides that for all members of the New York State Teachers' Retirement System and the New York City Teachers' Retirement System, for determining eligibility for a deferred vested benefit only, a year of service shall be defined as a minimum of 20 days of credited service rendered during a school year. Such definition of a year of service shall not be used in the calcu- lation of retirement benefits but only for the purposes of vesting eligibility.
Title
Allows members of the NYS and NYC teachers' retirement systems to be deemed to have earned a year of service only for purposes of determining vesting eligibility if 20 days or more of credited teaching service were rendered in the state during the school year; prohibits this definition of year of service from being used in the calculation of retirement benefits.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-01-06 | referred to governmental employees | |
| 2009-05-11 | referred to governmental employees |
