NY A03564

Amends Article 5, Section 7 of the New York State Constitution to clarify that only "accrued" pension benefits are protected from diminishment or impairment, with terms to be defined by law.

Allows courts to reduce or revoke pensions of convicted public officers whose felony has a direct and actual relationship to their job duties, following notice, hearing, and consideration of crime severity and proportionality.

Defines "public officer" to include elected officials, gubernatorial appointees, county/city/town administrators, department heads, fiscal officers, judges, and state legislative/executive/judicial policymakers.

Applies pension reduction or revocation authority only to crimes committed on or after January 1 following voter approval of this constitutional amendment.

Requires courts to consider undue hardship or inequity to dependent children, spouses, or other dependents when determining pension forfeiture amounts.