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Assembly Bill A3933

2009-2010 Legislative Session

Grants retroactive membership with Tier I status in the New York state and local employees' retirement system to Madeline Finn-Verburg

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Archive: Last Bill Status - In Assembly Committee

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2009-A3933 (ACTIVE) - Details

Current Committee:
Assembly Governmental Employees
Law Section:
Retirement

2009-A3933 (ACTIVE) - Summary

Grants retroactive membership with tier I status in the New York state and local employees retirement system to Madeline Finn-Verburg.

2009-A3933 (ACTIVE) - Bill Text download pdf 

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

                                  3933

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            January 29, 2009
                               ___________

Introduced by M. of A. REILLY -- read once and referred to the Committee
  on Governmental Employees

AN  ACT  granting  retroactive  membership with tier I status in the New
  York state and local employees' retirement system  to  Madeline  Finn-
  Verburg

  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,  Madeline
Finn-Verburg,  who  was  employed by the state of New York from June 28,
1973 through October 1974, and who is currently a member of the New York
state and local employees' retirement system, who through  no  fault  of
her  own did not become a member of the New York state and local employ-
ees' retirement system on June 28, 1973 when first employed by the state
of New York shall be deemed to have been a member of the New York  state
and  local  employees' retirement system on such date she commenced such
employment and shall be granted tier I status, provided that an applica-
tion is filed with the state comptroller within one year from the effec-
tive date of this act.
  S 2. Any costs incurred pursuant to this act shall  be  borne  by  the
state of New York.
  S  3. Notwithstanding any other provision of law, no employee contrib-
utions shall be returned to Madeline Finn-Verburg pursuant to this act.
  S 4. This act shall take effect immediately.
  FISCAL NOTE.--This bill  would  grant  Madeline  Finn-Verburg  Tier  1
status  in  the New York State and Local Employees' Retirement System by
changing her date of membership to June 28,  1973  when  she  was  first
employed  by the State of New York. There will be no refund of Ms. Finn-
Verburg's member contributions.
  If this bill is enacted, we anticipate that there will be an  increase
of  approximately  $1,500  in  the  annual contributions of State of New
York.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD03732-02-9

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