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Senate Bill S6426

2009-2010 Legislative Session

Authorizes Paul J. Kosinski to file an application for retroactive membership as a Tier II member of the New York state and local employees' retirement system

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

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2009-S6426 (ACTIVE) - Details

See Assembly Version of this Bill:
A9721
Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement

2009-S6426 (ACTIVE) - Summary

Authorizes Paul J. Kosinski to file an application for retroactive membership as a Tier II member of the New York state and local employees' retirement system.

2009-S6426 (ACTIVE) - Sponsor Memo

2009-S6426 (ACTIVE) - Bill Text download pdf 

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

                                  6426

                            I N  S E N A T E

                               (PREFILED)

                             January 6, 2010
                               ___________

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

AN  ACT  authorizing Paul J. Kosinski to file for retroactive membership
  in the New York state and local employees' retirement system with tier
  2 status

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Notwithstanding  any other inconsistent provision of law,
rule or regulation, Paul J. Kosinski, who was employed by  the  city  of
Buffalo  on  November 20, 1974 and who is currently employed by New York
state and enrolled as a member of the New York state and  local  employ-
ees'  retirement  system, but who, for reasons not ascribable to his own
negligence, did not become a member of the  New  York  state  and  local
employees'  retirement  system  on November 20, 1974, shall be deemed to
have become a member of such retirement system as of November 20,  1974,
having  tier 2 status, if, on or before December 31, 2010, he shall file
a written request with the comptroller to that effect.
  S 2. All past service costs associated with the operation of this  act
shall be borne by the state.
  S 3. This act shall take effect immediately.
  FISCAL  NOTE.--This  would grant Paul J. Kosinski Tier 2 status in the
New York State and Local Employees' Retirement System  by  changing  his
date of membership to November 20, 1974. All past employee contributions
will be refunded.
  If  this bill is enacted, we anticipate that there will be an increase
of approximately $1,400 in the annual contributions of  New  York  State
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 $54,900 which would be
borne by New York State as a one-time payment. This estimate   is  based
on the assumption that payment will be made on March 1, 2011.

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

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