Fabio
91 lines
4.5 KiB
Markdown
91 lines
4.5 KiB
Markdown
---
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type: "Bill"
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title: "Allows retired employees of the New York state teachers' retirement system who suspend their retirement option a benefit recalculation after two years of service"
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description: "Allows retired employees of the New York state teachers' retirement system who return to active service and suspend their pension benefit to elect to combine their service credit earned prior to retirement with the service credit earned after their restoration to active service, provided they have earned at least two years of service credit since such restoration."
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jurisdiction: "us/states/ny"
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legislature: "New York Legislature"
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session: "2023-2024"
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identifier: "S 7462"
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citation: "New York S 7462 (2023-2024)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Sean Ryan"]
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version_count: 3
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action_count: 25
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vote_count: 6
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first_action: "2023-05-30"
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last_action: "2024-12-13"
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source: "openstates"
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source_identifier: "ocd-bill/d469edda-3a68-4279-b945-5f644fd7821c"
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source_url: "http://www.nysenate.gov/legislation/bills/2023/S7462"
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source_hash: "e27cede5ffb45ff6c09b6aa3b94f3edb0ea6cf28bf650ee89a0f8d0f7cbde275"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ny"]
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---
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# New York S 7462 (2023-2024) — Allows retired employees of the New York state teachers' retirement system who suspend their retirement option a benefit recalculation after two years of service
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Allows retired employees of the New York state teachers' retirement system who return to active service and suspend their pension benefit to elect to combine their service credit earned prior to retirement with the service credit earned after their restoration to active service, provided they have earned at least two years of service credit since such restoration.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **S7462** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S7462&term=2023&Text=Y)
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2. **S7462A** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2023/S7462A)
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3. **S7462B** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2023/S7462B)
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## Votes
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- Floor Vote — **61–0** (pass) · upper
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- Floor Vote - Version: B — **61–0** (pass) · upper
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- Rules Vote — **21–0** (pass) · upper
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- Assembly Vote — **147–0** (pass) · lower
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- Civil Service And Pensions Vote - Version: A — **7–0** (pass) · upper
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- Rules Vote - Version: B — **20–0** (pass) · upper
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## Sponsors
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- Sean Ryan — primary (person)
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- Iwen Chu — cosponsor (person)
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- Robert Jackson — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2023-05-30** REFERRED TO CIVIL SERVICE AND PENSIONS `referral-committee`
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- **2023-06-01** COMMITTEE DISCHARGED AND COMMITTED TO RULES `referral-committee`
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- **2023-06-01** ORDERED TO THIRD READING CAL.1553
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- **2023-06-07** PASSED SENATE `passage`
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- **2023-06-07** DELIVERED TO ASSEMBLY
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- **2023-06-07** REFERRED TO GOVERNMENTAL EMPLOYEES `referral-committee`
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- **2024-01-03** DIED IN ASSEMBLY
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- **2024-01-03** RETURNED TO SENATE
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- **2024-01-03** REFERRED TO CIVIL SERVICE AND PENSIONS `referral-committee`
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- **2024-05-01** AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS `amendment-passage, referral-committee`
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- **2024-05-01** PRINT NUMBER 7462A `amendment-passage`
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- **2024-05-07** REPORTED AND COMMITTED TO FINANCE `referral-committee`
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- **2024-06-03** AMEND AND RECOMMIT TO FINANCE `amendment-passage, referral-committee`
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- **2024-06-03** PRINT NUMBER 7462B `amendment-passage`
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- **2024-06-04** COMMITTEE DISCHARGED AND COMMITTED TO RULES `referral-committee`
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- **2024-06-04** ORDERED TO THIRD READING CAL.1703
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- **2024-06-06** PASSED SENATE `passage`
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- **2024-06-06** DELIVERED TO ASSEMBLY
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- **2024-06-06** REFERRED TO WAYS AND MEANS `referral-committee`
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- **2024-06-06** SUBSTITUTED FOR A10529
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- **2024-06-06** ORDERED TO THIRD READING RULES CAL.519
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- **2024-06-06** PASSED ASSEMBLY `passage`
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- **2024-06-06** RETURNED TO SENATE
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- **2024-12-02** DELIVERED TO GOVERNOR `executive-receipt`
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- **2024-12-13** SIGNED CHAP.578 `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d469edda-3a68-4279-b945-5f644fd7821c`. Confidence: reported (aggregated from official New York legislature records).
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