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NY S04981
Bill
Status
5/2/2013
Primary Sponsor
Martin Golden
Click for details
AI Summary
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Amends Retirement and Social Security Law Section 110-c to allow retired members to authorize deductions from their retirement allowance for membership dues in not-for-profit membership organizations of retired public employees.
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Retired members may execute a deduction authorization card with the comptroller at any time after retirement to authorize these deductions.
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The comptroller shall deduct the authorized membership dues from the retirement allowance and transmit the funds to the designated retired organization.
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The authorization continues until the retired member revokes it in writing.
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The act takes effect immediately upon enactment.
Legislative Description
Relates to permitting retired members to authorize a deduction from retirement benefits for membership dues in not-for-profit membership organizations.
Last Action
COMMITTED TO RULES
6/20/2014