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Assembly Bill A6720

2009-2010 Legislative Session

Grants retroactive Tier I membership in the New York state and local employees' retirement system to Peter A. Parisi

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Archive: Last Bill Status - In Assembly Committee

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Bill Amendments

2009-A6720 - Details

Current Committee:
Assembly Governmental Employees
Law Section:
Retirement

2009-A6720 - Summary

Grants retroactive tier I membership in the New York state and local employees' retirement system to Peter A. Parisi based upon employment with the city of Utica park and recreation department in 1970.

2009-A6720 - Bill Text download pdf 

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

                                  6720

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                             March 11, 2009
                               ___________

Introduced  by M. of A. DESTITO -- read once and referred to the Commit-
  tee on Governmental Employees

AN ACT granting retroactive tier 1 membership in the New York state  and
  local employees' retirement system to Peter A. Parisi

  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,  Peter  A.
Parisi, who was employed by the city of Utica from July 10, 1970 through
August  28, 1970 and who is currently a member of the New York state and
local employees' retirement system, who through no fault of his own, did
not become a member of the New York state and local  employees'  retire-
ment  system  on  July 10, 1970 when first employed by the city of Utica
shall be deemed to have been a member of the New York  state  and  local
employees'  retirement  system on such date he commenced such employment
with such city, having tier 1 status, provided that  an  application  is
filed with the state comptroller within one year from the effective date
of this act.
  S 2. This act shall take effect immediately.
  FISCAL NOTE. -- Pursuant to Legislative Law, Section 50:
  This bill would deem Peter A. Parisi, currently a Tier 3 member of the
New  York  State  and  Local Employees' Retirement System, to have first
become a member of the Retirement  System  on  July  10,  1970,  thereby
making him eligible for reinstatement to Tier 1. Pursuant to Section 645
of the Retirement and Social Security Law, Mr. Parisi will not receive a
refund of his Tier 3 member contributions.
  If  this bill is enacted, we anticipate that there will be an increase
of approximately $2,300 in the annual  contributions  of  the  New  York
State Power Authority for the fiscal year ending March 31, 2010.
  In  addition to the annual contributions discussed above there will be
an immediate past service cost of approximately $134,000 which  will  be

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04252-02-9

2009-A6720A (ACTIVE) - Details

Current Committee:
Assembly Governmental Employees
Law Section:
Retirement

2009-A6720A (ACTIVE) - Summary

Grants retroactive tier I membership in the New York state and local employees' retirement system to Peter A. Parisi based upon employment with the city of Utica park and recreation department in 1970.

2009-A6720A (ACTIVE) - Sponsor Memo

2009-A6720A (ACTIVE) - Bill Text download pdf 

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

                                 6720--A

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                             March 11, 2009
                               ___________

Introduced  by M. of A. DESTITO -- read once and referred to the Commit-
  tee on Governmental Employees  --  recommitted  to  the  Committee  on
  Governmental  Operations in accordance with Assembly Rule 3, sec. 2 --
  committee discharged, bill amended, ordered reprinted as  amended  and
  recommitted to said committee

AN  ACT granting retroactive tier 1 membership in the New York state and
  local employees' retirement system to Peter A. Parisi

  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, Peter A.
Parisi, who was employed by the city of Utica from July 10, 1970 through
August 28, 1970 and who is currently a member of the New York state  and
local employees' retirement system, who through no fault of his own, did
not  become  a member of the New York state and local employees' retire-
ment system on July 10, 1970 when first employed by the  city  of  Utica
shall  be  deemed  to have been a member of the New York state and local
employees' retirement system on such date he commenced  such  employment
with  such  city,  having tier 1 status, provided that an application is
filed with the state comptroller within one year from the effective date
of this act.
  S 2. This act shall take effect immediately.
  FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
  This bill will deem Peter A. Parisi, currently a Tier 3 member of  the
New  York  State  and  Local Employees' Retirement System, to have first
become a member of the Retirement  System  on  July  10,  1970,  thereby
making him eligible for reinstatement to Tier 1. Pursuant to Section 645
of the Retirement and Social Security Law, Mr. Parisi will not receive a
refund of his Tier 3 member contributions.
  If  this bill is enacted, we anticipate that there will be an increase
of approximately $3,600 in the annual  contributions  of  the  New  York
state Power Authority for the fiscal year ending March 31, 2011.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04252-03-0

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