S T A T E   O F   N E W   Y O R K
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                                   5056
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               March 6, 2017
                                ___________
 
 Introduced  by  Sen. KENNEDY -- 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 Jo Ann H. Mattingly Tier II status in the
   New York state and local employees' retirement system with  a  member-
   ship date of January 24, 1975

   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,  Jo  Ann  H.
 Mattingly,  who  is  a  Tier  IV  member of the New York state and local
 employees' retirement system and was employed by  the  Office  of  Court
 Administration  of  the  Fourth Department until her retirement on April
 30, 2015, and who  was  appointed  to  a  temporary,  competitive  civil
 service  position  from  January 24, 1975 through December 31, 1977, and
 who, for reasons not ascribable to her own negligence, failed to  become
 a member of the New York state and local employees' retirement system in
 1975  when  first  appointed to the temporary, competitive civil service
 position, shall be deemed to have  been  a  member  of  such  retirement
 system  on  the  date she first commenced such employment on January 24,
 1975 having Tier II status with every right, benefit and privilege which
 would have been available to her on such date.
   § 2. All past service costs of implementing the provisions of this act
 shall be borne by the state of New York.
   § 3. This act shall take effect immediately.
   FISCAL NOTE.--Pursuant to Legislative law, Section 50:
   This bill will grant Tier 2 status in the New  York  State  and  Local
 Employees'  Retirement  System  to  Jo  Ann  Mattingly, a retired Tier 4
 member, by changing her date of membership  to  January  24,  1975,  her
 first date of appointment to a temporary competitive civil service posi-
 tion.  There will be no refund of member contributions.
   If  this  legislation  is enacted during the 2017 legislative session,
 there will be an immediate past service cost  of  approximately  $21,900
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD00949-04-7

 S. 5056                             2
 
 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, 2018.
   Summary of relevant resources:
   The  membership  data  used  in  measuring  the impact of the proposed
 change was the same as that used in the March 31, 2016  actuarial  valu-
 ation.    Distributions  and  other  statistics can be found in the 2016
 Report of the  Actuary  and  the  2016  Comprehensive  Annual  Financial
 Report.
   The  actuarial  assumptions and methods used are described in the 2015
 and 2016 Annual Report to the Comptroller on Actuarial Assumptions,  and
 the  Code  Rules  and  Regulations  of  the State of New York: Audit and
 Control.
   The Market Assets and GASB Disclosures are found in the March 31, 2016
 New York State and Local  Retirement  System  Financial  Statements  and
 Supplementary Information.
   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  February  28,  2017, and intended for use only
 during the  2017  Legislative  Session,  is  Fiscal  Note  No.  2017-63,
 prepared  by  the  Actuary  for  the New York State and Local Retirement
 System.