S T A T E O F N E W Y O R K
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6701--A
2009-2010 Regular Sessions
I N A S S E M B L Y
March 11, 2009
___________
Introduced by M. of A. SKARTADOS -- read once and referred to the
Committee on Governmental Employees -- recommitted to the Committee on
Governmental Employees in accordance with Assembly Rule 3, sec. 2 --
committee discharged, bill amended, ordered reprinted as amended and
recommitted to said committee
AN ACT to authorize Kim F. Salinovich to purchase service credit in the
New York state teachers' retirement system for certain employment as a
high school equivalency instructor
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, Kim F. Salino-
vich, a member of the New York state teachers' retirement system, who
was employed as a high school equivalency instructor by the Hudson
Valley Opportunities Industrialization Center from November 1979 through
August 1981 and November 1982 through August 1987, and such if it had
been performed for an employer defined in subdivision 3 of section 501
of the education law would constitute service as a teacher, shall be
authorized to purchase service credit in such retirement system for her
employment by the Hudson Valley Opportunities Industrialization Center
if, within 180 days of the effective date of this act, she applies to
the head of the New York state teachers' retirement system.
Ms. Salinovich shall be required to pay to the New York state teach-
ers' retirement system an amount equal to three percent of the salary
she received for the period of service being claimed, with regular
interest thereon, from the school years in which the service was
rendered to the date of purchase.
S 2. All costs attributable to the implementation of this act, other
than the costs to be borne by Kim F. Salinovich pursuant to section one
of this act, shall be borne by the employers of members of the New York
state teachers' retirement system.
S 3. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05196-04-0
A. 6701--A 2
FISCAL NOTE.--This bill would allow Kim F. Salinovich, an active
member of the New York State Teachers' Retirement System, to purchase
service credit for time worked as a high school equivalency instructor
at Hudson Valley Opportunities Industrialization Center, Inc. from
November 1979 through August 1981 and November 1982 through August 1987.
The service credit will be granted as if the service was performed for a
participating employer defined in subdivision 3 of section 501 of the
Education Law. Ms. Salinovich will be required to pay three percent of
salary received for the period of service being claimed with regular
interest thereon. Ms. Salinovich must file a written request with the
head of the New York State Teachers' Retirement System within 180 days
of the effective date of this bill.
The cost of this benefit is equal to the increase in the present value
of liabilities, which is estimated to be $106,000.
The source of this estimate is Fiscal Note 2010-45 dated April 28,
2010 prepared by the Actuary of the New York State Teachers' Retirement
System and is intended for use only during the 2010 Legislative Session.