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Legislative Memo

518.465.7511

BILL:

A.2707 (Gianaris)

Support

SUBJECT:

Pre-Retirement Seminars

 

DATE:

March 30, 2003

 

The Business Council of New York State, whose membership includes almost 4,000 member firms as well as hundreds of chambers of commerce and professional trade associations, has reviewed the above mentioned legislation and opposes its enactment.

This bill would amend the Labor Law and require private sector employers with six hundred or more employees to annually offer a pre-retirement seminar for employees who are going to retire within three years. The Office of the Aging would recommend the contents of these seminars.

This bill is not necessary or appropriate because:

For these reasons, The Business Council opposes this legislation and respectfully urges that it not be reported by the Assembly Labor Committee.