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NY S07160

Bill

Status

Passed

5/31/2016

Primary Sponsor

William Larkin

Click for details

Origin

Senate

2015-2016 General Assembly

AI Summary

  • Allows members of New York public retirement systems to receive up to three years of service credit for military service upon application, if honorably discharged.

  • Removes the requirement that military service must have occurred during specific periods (World War II, Korean War, or Vietnam War).

  • Requires members to have at least five years of credited service, not counting the military service credit being added.

  • Appropriates $24,800,000 to fund the cost of providing this military service credit.

Legislative Description

Provides up to three years of service credit to members of public retirement systems of the state for military service; removes requirement that such military service occur during specified periods of hostilities; requires such members have at least five years of credited service, not including military service; appropriates $24,800,000 therefor.

Last Action

APPROVAL MEMO.1

5/31/2016

Committee Referrals

Ways and Means5/5/2016
Finance4/1/2016

Full Bill Text

No bill text available