S T A T E O F N E W Y O R K
I N S E N A T E
May 15, 2014
Introduced by Sen. GALLIVAN -- read twice and ordered printed, and when
printed to be committed to the Committee on Civil Service and Pensions
-- committee discharged, bill amended, ordered reprinted as amended
and recommitted to said committee
AN ACT in relation to granting Andrew M. Eszak full time service credit
in the New York state and local employees' retirement system for his
employment with the city of Lackawanna, county of Erie
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Notwithstanding any other provision of law, Andrew M.
Eszak, who is a member of the New York state and local employees'
retirement system, and who, for the period beginning August 23, 1994 and
ending December 31, 1999 was employed by the city of Lackawanna, county
of Erie, and who, for reasons not ascribable to his own negligence, was
credited with part-time service in such retirement system for such peri-
od rather than for full time service, shall be granted full time service
credit in the New York state and local employees' retirement system for
his employment with the city of Lackawanna for the period beginning
August 23, 1994 and ending December 31, 1999 if, on or before December
31, 2014, he shall file a written request to that effect with the state
S 2. All past service costs associated with the implementation of this
act shall be borne by the city of Lackawanna.
S 3. This act shall take effect immediately.
FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
This bill will grant retiree Andrew M. Eszak full time service in the
New York State and Local Employees' Retirement System for employment by
the City of Lackawanna for the period August 23, 1994 through December
If this bill is enacted, we anticipate that there will be a past
service cost of approximately $92,100 which will be borne by the City of
Lackawanna as a one time payment. This estimate assumes a payment date
of February 1, 2015.
Summary of relevant resources:
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
S. 7465--A 2
The membership data used in measuring the impact of the proposed
change was the same as that used in the March 31, 2013 actuarial valu-
ation. Distributions and other statistics can be found in the 2013
Report of the Actuary and the 2013 Comprehensive Annual Financial
The actuarial assumptions and methods used are described in the 2010,
2011, 2012 and 2013 Annual Report to the Comptroller on Actuarial
Assumptions, and the Codes Rules and Regulations of the State of New
York: Audit and Control.
The Market Assets and GASB Disclosures are found in the March 31, 2013
New York State and Local Retirement System Financial Statements and
I am a member of the American Academy of Actuaries and meet the Quali-
fication Standards to render the actuarial opinion contained herein.
This estimate, dated May 28, 2014, and intended for use only during
the 2014 Legislative Session, is Fiscal Note No. 2014-140, prepared by
the Actuary for the New York State and Local Employees' Retirement