S T A T E O F N E W Y O R K
________________________________________________________________________
9498
I N A S S E M B L Y
January 7, 2010
___________
Introduced by M. of A. CORWIN -- read once and referred to the Committee
on Governmental Employees
AN ACT in relation to the initial date of enrollment provided by Lynn P.
Smith as a Tier I member of the New York state and local employees'
retirement system
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Notwithstanding any inconsistent provision of law, Lynn P.
Smith, New York state and local employees' retirement system registra-
tion number 12723755 Loc Code 20028, who was employed by the city of
Lockport Youth Bureau with a starting date of October 27, 1970, and who
has been granted service credit as of such date by the New York state
and local employees' retirement system, and who, for reasons not ascrib-
able to her own negligence, was not enrolled in the New York state and
local employees' retirement system until September 20, 1972, shall be
deemed to have joined such retirement system with an enrollment date of
October 27, 1970 and shall be entitled to every right, benefit and priv-
ilege which should have been available to her on such date if on or
before December 31, 2010 she shall file a written request with the comp-
troller to that effect. Any past service costs incurred by operation of
the provisions of this act shall be borne by the city of Lockport.
S 2. This act shall take effect immediately.
FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
This bill will deem retiree Lynn P. Smith to have become a member of
the New York State and Local Employees' Retirement System on October 27,
1970, thereby making her eligible for any payment of lump sum vacation
pay at retirement to be included in the calculation of her final average
salary.
If this bill is enacted, there will be an immediate past service cost
of approximately $11,700 which will be borne by the City of Lockport, as
a one-time payment. This cost assumes a payment date of February 1,
2011.
This estimate, dated December 22, 2009 and intended for use only
during the 2010 Legislative Session, is Fiscal Note No. 2010-53,
prepared by the Actuary for the New York State and Local Employees'
Retirement System.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15332-01-0