New York (State). Governor's Committee on the State Employees' Retirement System.

In December 1965, Governor Nelson Rockefeller appointed the Committee on the State Employees' Retirement System to review, report, and make recommendations concerning the System. Since it was established in 1921, additional legislation and the changing nature of the System eventually resulted in inadequacies and inequities which the Committee was charged to address.

Governor Rockefeller requested the Committee to: develop one simple uniform, adequate, and equitable noncontributory system; simplify and eliminate duplication of benefits; evaluate the impact of elimination of employee contributions; and determine under what conditions and terms (e.g. voluntary or mandatory) the program should be made available to localities participating in the Retirement System. Specifically, the Governor asked the Committee to investigate issues such as benefits (e.g. disability retirement; death benefits; plans for policemen, firemen, and others; vesting; etc.), financing, investment programs, management, and planning.

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