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Senate Bill S6340

2009-2010 Legislative Session

Grants retroactive tier I membership in the New York state and local employees' retirement system to Christina M. Haggerty

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Sponsored By

Archive: Last Bill Status - In Senate Committee Civil Service And Pensions Committee

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2009-S6340 (ACTIVE) - Details

Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement

2009-S6340 (ACTIVE) - Summary

Grants retroactive tier I membership in the New York state and local employees' retirement system to Christina M. Haggerty.

2009-S6340 (ACTIVE) - Sponsor Memo

2009-S6340 (ACTIVE) - Bill Text download pdf 

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

                                  6340

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                            December 14, 2009
                               ___________

Introduced  by  Sen.  STACHOWSKI  -- read twice and ordered printed, and
  when printed to be committed to the Committee on Rules

AN ACT granting retroactive tier I membership in the New York state  and
  local employees' retirement system to Christina M. Haggerty

  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, Christina M.
Haggerty who was employed by the town  of  Hamburg  from  July  1,  1972
through  October,  1977  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 July 1, 1972 when first employed by  the  town
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 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.--This bill will deem  Christina  M.  Haggerty,  a  former
employee  of  the  Town of Hamburg and a current employee of the Niagara
Frontier Transportation Authority, to have become a member  of  the  New
York  State  and  Local  Employees'  Retirement  System on July 1, 1972,
thereby granting her Tier 1 status. All past employee contributions will
be refunded.
  If this bill is enacted, we anticipate that there will be an  increase
of approximately $2,100 in the annual contributions of the Niagara Fron-
tier Transportation Authority for the fiscal year ending March 31, 2011.
  In addition to the annual contributions discussed above, there will be
an  immediate  past service cost of approximately $74,100 which would be
shared by the State of New York and all the participating  employers  in
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.
                                                           LBD15091-02-9

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