In a statement, Gov. Cuomo said, “Our veterans bravely put their lives on the line to protect our country and our freedoms, and we owe it to them to help ensure they have the protections and resources they need to be financially stable in the future.”
Additionally, the Governor noted there are many bad actors preying upon and causing irreparable harm to individuals who valiantly served New York State and the nation.
Furthermore, Gov. Cuomo stated, “In enacting the strongest state legislation in the nation to protect our veterans and their families from these pension poaching schemes, we are sending a clear message to these unscrupulous entities that we will not allow them to abuse our service members and recognizing the sacrifice these brave men and women have made.”
The State of New York will enforce Pension Poaching Prevention Act 120 days after the Governor signed it into law.
On the other hand, State Senator David Carlucci, the sponsor of the Pension Poaching Prevention Act, commented that the new law will “crackdown on the despicable crime of pension poaching”