Senate Bill S7419B

2013-2014 Legislative Session

Relates to Tier IV retirement benefits for Luke Parga

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Archive: Last Bill Status - In Senate Committee Civil Service And Pensions Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

2013-S7419 - Details

See Assembly Version of this Bill:
A8814
Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement
Versions Introduced in 2015-2016 Legislative Session:
S2062, S7363

2013-S7419 - Summary

Relates to tier IV retirement benefits for Luke Parga; accords him tier IV benefits due to his past employment in 2006.

2013-S7419 - Sponsor Memo

2013-S7419 - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  7419

                            I N  S E N A T E

                              May 14, 2014
                               ___________

Introduced  by  Sen.  LIBOUS -- read twice and ordered printed, and when
  printed to be committed to the Committee on Civil Service and Pensions

AN ACT in relation to granting Luke Parga tier IV status in the New York
  state and local employees' retirement system with a membership date of
  2006

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Notwithstanding any other law to the contrary, Luke Parga
who is currently a tier V member of the New York state and local employ-
ees' retirement system and  currently  employed  by  the  department  of
transportation, and who was employed by the state university of New York
at  Potsdam  Police  and  Binghamton  University  in  2006, and who, for
reasons not ascribable to his own negligence, failed to become a  member
of  the  New  York state and local employees' retirement system in 2006,
shall be deemed to have been a  member  of  such  retirement  system  on
February  8,  2006,  having tier IV status with every right, benefit and
privilege which would have been available to him on such date.
  S 2. All past service costs of implementing the provisions of this act
shall be borne by the state of New York.
  S 3. This act shall take effect immediately.
  FISCAL NOTE.-- Legislative Law, Section 50:
  This bill will grant Tier 4 status in the New  York  State  and  Local
Employees'  Retirement  System to Luke F. Parga, a current Tier 5 member
employed by the State of New York, by changing his date of membership to
February 8, 2006.
  If this legislation is enacted during the 2014 legislative session, we
anticipate that there will be an increase of approximately $1,500 in the
annual contributions of the State of New York for the fiscal year ending
March 31, 2015.
  In addition to the annual contributions discussed above, there will be
an immediate past service cost of approximately  $3,480  which  will  be
borne  by  the State of New York as a one-time payment. This estimate is
based on the assumption that payment will be made on March 1, 2015.
  Summary of relevant resources:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
              

2013-S7419A - Details

See Assembly Version of this Bill:
A8814
Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement
Versions Introduced in 2015-2016 Legislative Session:
S2062, S7363

2013-S7419A - Summary

Relates to tier IV retirement benefits for Luke Parga; accords him tier IV benefits due to his past employment in 2006.

2013-S7419A - Sponsor Memo

2013-S7419A - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 7419--A

                            I N  S E N A T E

                              May 14, 2014
                               ___________

Introduced  by  Sen.  LIBOUS -- 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 Luke Parga tier IV status in the New York
  state and local employees' retirement system with a membership date of
  2006

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Notwithstanding any other law to the contrary,  Luke  Parga
who is currently a tier V member of the New York state and local employ-
ees'  retirement  system  and  currently  employed  by the department of
transportation, and who was employed by the state university of New York
at Potsdam Police and  Binghamton  University  in  2006,  and  who,  for
reasons  not ascribable to his own negligence, failed to become a member
of the New York state and local employees' retirement  system  in  2006,
shall  be  deemed  to  have  been  a member of such retirement system on
February 8, 2006, having tier IV status with every  right,  benefit  and
privilege which would have been available to him on such date.
  S 2. All past service costs of implementing the provisions of this act
shall be borne by the state of New York.
  S 3. This act shall take effect immediately.
  FISCAL NOTE.-- Legislative Law, Section 50:
  This  bill  will  grant  Tier 4 status in the New York State and Local
Employees' Retirement System to Luke F. Parga, a current Tier  5  member
employed by the State of New York, by changing his date of membership to
February 8, 2006.
  If this legislation is enacted during the 2014 legislative session, we
anticipate that there will be an increase of approximately $1,500 in the
annual contributions of the State of New York for the fiscal year ending
March 31, 2015.
  In addition to the annual contributions discussed above, there will be
an  immediate  past  service  cost of approximately $3,480 which will be
borne by the State University of New York as a  one-time  payment.  This

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
              

2013-S7419B (ACTIVE) - Details

See Assembly Version of this Bill:
A8814
Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement
Versions Introduced in 2015-2016 Legislative Session:
S2062, S7363

2013-S7419B (ACTIVE) - Summary

Relates to tier IV retirement benefits for Luke Parga; accords him tier IV benefits due to his past employment in 2006.

2013-S7419B (ACTIVE) - Sponsor Memo

2013-S7419B (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 7419--B

                            I N  S E N A T E

                              May 14, 2014
                               ___________

Introduced  by  Sen.  LIBOUS -- 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  --  committee  discharged, bill
  amended, ordered reprinted as amended and recommitted to said  commit-
  tee

AN ACT in relation to granting Luke Parga tier IV status in the New York
  state and local employees' retirement system with a membership date of
  2006

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Notwithstanding any other law to the contrary,  Luke  Parga
who is currently a tier V member of the New York state and local employ-
ees'  retirement  system  and  currently  employed  by the department of
transportation, and who was employed by the state university of New York
at Potsdam Police and  Binghamton  University  in  2006,  and  who,  for
reasons  not ascribable to his own negligence, failed to become a member
of the New York state and local employees' retirement  system  in  2006,
shall  be  deemed  to  have  been  a member of such retirement system on
February 8, 2006, having tier IV status with every  right,  benefit  and
privilege  which would have been available to him on such date if, on or
before December 31, 2014, he shall file an application therefor with the
state comptroller.
  S 2. All past service costs of implementing the provisions of this act
shall be borne by the state of New York.
  S 3. This act shall take effect immediately.
  FISCAL NOTE.-- Legislative Law, Section 50:
  This bill will grant Tier 4 status in the New  York  State  and  Local
Employees'  Retirement  System to Luke F. Parga, a current Tier 5 member
employed by the State of New York, by changing his date of membership to
February 8, 2006.
  If this legislation is enacted during the 2014 legislative session, we
anticipate that there will be an increase of approximately $1,500 in the

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD13721-10-4
              

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