Not exact matches
After vetoing a similar measure only weeks ago, Gov. Andrew Cuomo and state lawmakers have agreed in advance on legislation to expand a
pension credit for
veterans.
The legislation agreed to would expand the number of
veterans that were not previously covered in the current law and remove barriers that prevented women who served in the military from additional
pension credits due to now - discarded policy that barred women from being deployed in combat.
Current state law allows
veterans who served in only certain conflicts, including World War II, the Korean War and the Vietnam War, to purchase
pension credits.
Current law prescribes only
veterans who have served in specific conflicts receive up to additional three years of service
credit in the
pension system.
Twice before, the state Legislature has passed a bill that would allow all
veterans to get a three - year service
credit in the state's
pension system, regardless of when and where they served.
Veterans are making a renewed push for a
pension benefit
credit legislation that has been vetoed multiple times.
Cuomo celebrated
Veterans Day by announcing a deal to let public workers obtain additional
pension credits for military service.
ALBANY — The sponsors of a bill that would have allowed
veterans to buy
pension credit for service during peacetime condemned Governor Andrew Cuomo on Monday for his decision to veto the measure.
The bill, sponsored by Senator Bill Larkin and Assemblywoman Amy Paulin, would have allowed
veterans who served during peacetime to purchase up to three years of extra
pension credit at a greatly discounted price.
Heading into
Veterans Day, New York Gov. Andrew Cuomo has vetoed legislation that would have authorized state
pension credits for peacetime military service.
The ability to purchase up to three years of potentially valuable
pension credit time is available to all state and local workers honorably discharged from the military from World War II through 1975, and to
veterans of specific combat theaters including Grenada, Panama, and the Middle East, but not yet to
veterans of Somalia, the Balkans or Afghanistan, among other more recent conflicts.
Nonetheless, the
veterans»
pension credit legislation would have required localities to eat the cost for their eligible employees.
Veterans who served during World War II, the Korean War, the War in Vietnam are eligible for the
pension credit, as are workers who served in the military during a variety of conflicts in the 1980s and 1990s.
Governor Andrew Cuomo on May 31 signed into law a bill that enables public school teachers and other public employees who are honorably discharged
veterans and have five years in their civilian jobs to purchase up to three years of service
credit toward their
pensions.
Existing law allows only
veterans who served during certain periods of combat — including World War II, the Korean War, the Vietnam War and Iraq — to obtain
pension credits for their military service.
ALBANY — Gov. Cuomo celebrated
Veterans Day Wednesday by announcing a deal to let public workers obtain additional
pension credits for military service.
Under the deal, Cuomo and lawmakers will craft a measure to be included in next year's budget that would give honorably discharged
veterans who work in state or local governments the chance to purchase up to three years
credit on their public
pensions.
Do not include: — Old Age Security
Pension (Canadian), Guaranteed Income Supplement, Allowance or Allowance for the Survivor — War
Veterans Allowance or
Veterans Disability or Dependents
Pension Program — Death Benefits from Canada
Pension Plan or Quebec
Pension Plan — Canada Child Tax Benefit payments — Assistance payments from a municipal, provincial or Canadian federal government — Support or gifts from relatives, registered charities or other organizations — Municipal tax rebates — Lottery winnings — Inheritances — GST
credits or other such payments issued by the Canada Revenue Agency (CRA)-- Universal Child Care Benefit — Registered Disability Savings Plan payments