Senate Bill S3150B

2011-2012 Legislative Session

Grants George W. Hemstead retroactive membership in the New York state and local employees' retirement system

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Archive: Last Bill Status - Stricken

Introduced
- In Committee Assembly
- In Committee Senate
- On Floor Calendar Assembly
- On Floor Calendar Senate
- Passed Assembly
- Passed Senate
Delivered to Governor
Signed By Governor

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Date of Action	Assembly Actions - Lowercase Senate Actions - UPPERCASE
May 30, 2012	recommit, enacting clause stricken
Jan 25, 2012	print number 3150b
Jan 25, 2012	amend and recommit to civil service and pensions
Jan 04, 2012	referred to civil service and pensions
May 20, 2011	print number 3150a
May 20, 2011	amend and recommit to civil service and pensions
Feb 09, 2011	referred to civil service and pensions

Bill Amendments

2011-S3150 - Details

Law Section:: Retirement
Versions Introduced in Other Legislative Sessions:: 2009-2010: S6452
2013-2014: S3108

2011-S3150 - Summary

Grants George W. Hemstead retroactive membership in the New York state and local employees' retirement system.

2011-S3150 - Sponsor Memo

                                BILL NUMBER:S3150               REVISED 04/26/11

TITLE OF BILL:
An act
to grant George W. Hemstead a retroactive membership date in the New
York state and local employees' retirement system

PURPOSE:
This legislation would grant George W. Hemstead retroactive membership
in the New York State and Local Employees' Retirement System.

SUMMARY OF PROVISIONS:
Section 1 deems George W. Hemstead a member of the New York State and
Local Employees' Retirement System as of June 22 of 1968.

JUSTIFICATION:
Through no fault of his own, George W. Hemstead was not made a member
of the retirement system when he was a seasonal employee with the
Office of Parks, Recreation and Historic Preservation. This bill
would rectify the situation by recognizing Mr. Hemstead's previous
service and provide him with the same retirement benefits as other
individuals who were employed during the same time period.

LEGISLATIVE HISTORY:
2010: Referred to Civil Service and Pensions

FISCAL IMPLICATIONS:
This bill will change George W. Hemstead's date of membership in the
New York State and Local Employees' Retirement System to June 22,
1968, the first date he was employed by the New York State Department
of Parks and Recreation. This will change his membership from Tier 3
to Tier 1.
There will be no refund of member contributions.

If this bill is enacted, we anticipate that there will be an increase
of approximately $5,000 in the annual contributions of the State of
New York for the fiscal year ending March 31, 2012.

In addition to the annual contributions discussed above, there will be
an immediate past service cost of approximately $73,800 which would
be borne by the state of New York as a onetime payment. This estimate
is based on the assumption that payment will be made on March 1, 2012.

This estimate, dated April 20, 2011 and intended for use only during
the 2011 Legislative Session, is Fiscal Note No. 2011-174, prepared by
the Actuary for the New York State and Local Employees' Retirement
Systems.

EFFECTIVE DATE:
Immediately.

2011-S3150 - Bill Text download pdf

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

                                  3150

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            February 9, 2011
                               ___________

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

AN ACT to grant George W. Hemstead a retroactive membership date in  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  provision  of  law  to  the  contrary,
George  W. Hemstead, a member of the New York state and local employees'
retirement system having Tier III status, who was employed  as  a  life-
guard,  at  the  Saratoga state park, by the office of parks, recreation
and historic preservation commencing on June  22,  1968,  and  who,  for
reasons  not ascribable to his own negligence, failed to become a member
of such retirement system during such employment by the office of parks,
recreation and historic preservation, shall be deemed to have joined the
New York state and local employees' retirement system on June  22,  1968
and shall be granted Tier I status in such retirement system, if, within
one  year  of  the  effective  date of this act, he shall file a written
request to that effect with the state comptroller.
  S 2. All past service costs of implementing the provisions of 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 George W. Hemstead.
  S 4. This act shall take effect immediately.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08877-01-1

2011-S3150A - Details

Law Section:: Retirement
Versions Introduced in Other Legislative Sessions:: 2009-2010: S6452
2013-2014: S3108

2011-S3150A - Summary

Grants George W. Hemstead retroactive membership in the New York state and local employees' retirement system.

2011-S3150A - Sponsor Memo

2011-S3150A - Bill Text download pdf

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

                                 3150--A

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            February 9, 2011
                               ___________

Introduced  by  Sen.  LIBOUS -- read twice and ordered printed, and when
  printed to be committed to the Committee on Civil Service and Pensions
  -- committee discharged, bill amended, ordered  reprinted  as  amended
  and recommitted to said committee

AN  ACT to grant George W. Hemstead a retroactive membership date in 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  provision  of  law to the contrary,
George W. Hemstead, a member of the New York state and local  employees'
retirement  system  having  Tier III status, who was employed as a life-
guard, at the Saratoga state park, by the office  of  parks,  recreation
and  historic  preservation  commencing  on  June 22, 1968, and who, for
reasons not ascribable to his own negligence, failed to become a  member
of such retirement system during such employment by the office of parks,
recreation and historic preservation, shall be deemed to have joined the
New  York  state and local employees' retirement system on June 22, 1968
and shall be granted Tier I status in such retirement system, if, within
one year of the effective date of this act,  he  shall  file  a  written
request to that effect with the state comptroller.
  S 2. All past service costs of implementing the provisions of 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 George W. Hemstead.
  S 4. This act shall take effect immediately.
  FISCAL NOTE. -- This bill will change George  W.  Hemstead's  date  of
membership  in the New York State and Local Employees' Retirement System
to June 22, 1968, the first date he was employed by the New  York  State
Department of Parks and Recreation. This will change his membership from
Tier 3 to Tier 1. There will be no refund of member contributions.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08877-02-1

S. 3150--A                          2

  If  this bill is enacted, we anticipate that there will be an increase
of approximately $5,000 in the annual contributions of the State of  New
York for the fiscal year ending March 31, 2012.
  In addition to the annual contributions discussed above, there will be
an  immediate  past service cost of approximately $73,800 which would be
borne by the State of New York as a one time payment. This  estimate  is
based on the assumption that payment will be made on March 1, 2012.
  This  estimate,  dated April 20, 2011 and intended for use only during
the 2011 Legislative Session, is Fiscal Note No. 2011-174,  prepared  by
the  Actuary  for  the  New  York  State and Local Employees' Retirement
System.

2011-S3150B (ACTIVE) - Details

Law Section:: Retirement
Versions Introduced in Other Legislative Sessions:: 2009-2010: S6452
2013-2014: S3108

2011-S3150B (ACTIVE) - Summary

Grants George W. Hemstead retroactive membership in the New York state and local employees' retirement system.

2011-S3150B (ACTIVE) - Sponsor Memo

                                BILL NUMBER:S3150B

TITLE OF BILL:

An act
to grant George W. Hemstead a retroactive membership date in the New
York state and local employees' retirement system

PURPOSE:

This legislation would grant George W. Hemstead retroactive membership
in the New York State and Local Employees' Retirement System.

SUMMARY OF PROVISIONS:

Section 1 deems George W. Hemstead a member of the New York State and
Local Employees' Retirement System as of June 22, 1968.

JUSTIFICATION:

Through no fault of his own, George W. Hemstead was not made a member
of the retirement system when he was a seasonal employee with the
Office of Parks, Recreation and Historic Preservation. This bill
would rectify the situation by recognizing Mr. Hemstead's previous
service and provide him with the same retirement benefits as other
individuals who were employed during the same time period.

LEGISLATIVE HISTORY:
2010: Referred to Civil Service and Pensions

FISCAL IMPLICATIONS:
This bill will change George W. Hemstead's date of membership in the
New York State and Local Employees' Retirement System to June 22,
1968, the first date he was employed by the New York State Department
of Parks and Recreation.
This will change his membership from Tier 3 to Tier 1. There will be
no refund of member contributions.

If this bill is enacted, we anticipate that there will be an increase
of approximately $3,700 in the annual contributions of the State of
New York 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 $69,500 which would
be borne by
the state of New York as a one time payment. This estimate is based on
the assumption that payment will be made on March 1, 2011.

This estimate, dated January 11, 2010 and intended for Use only during
the 2010 Legislative Session, is Fiscal Note No. 2010-55, prepared by
the Actuary for the New York State and Local Employees' Retirement
Systems.

EFFECTIVE DATE:
Immediately.

2011-S3150B (ACTIVE) - Bill Text download pdf

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

                                 3150--B

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            February 9, 2011
                               ___________

Introduced  by  Sen.  LIBOUS -- read twice and ordered printed, and when
  printed to be committed to the Committee on Civil Service and Pensions
  -- committee discharged, bill amended, ordered  reprinted  as  amended
  and  recommitted  to said committee -- recommitted to the Committee on
  Civil Service and Pensions in accordance with Senate Rule 6, sec. 8 --
  committee discharged, bill amended, ordered reprinted as  amended  and
  recommitted to said committee

AN  ACT to grant George W. Hemstead a retroactive membership date in 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  provision  of  law to the contrary,
George W. Hemstead, a retired member of the New  York  state  and  local
employees' retirement system having Tier III status, who was employed as
a  lifeguard, at the Saratoga state park, by the office of parks, recre-
ation and historic preservation commencing on June 22,  1968,  and  who,
for  reasons  not  ascribable  to his own negligence, failed to become a
member of such retirement system during such employment by the office of
parks, recreation and historic preservation, shall  be  deemed  to  have
joined the New York state and local employees' retirement system on June
22,  1968  and  shall  be  retroactively  granted the benefits of Tier I
status in such retirement system, if, within one year of  the  effective
date  of  this  act, he shall file a written request to that effect with
the state comptroller.
  S 2. All past service costs of implementing the provisions of 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 George W. Hemstead.
  S 4. This act shall take effect immediately.
  FISCAL  NOTE.  --  This bill will retroactively grant Tier 1 status in
the New York State and Local Employees'  Retirement  System  to  retired

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08877-04-2

S. 3150--B                          2

member  George  W.  Hemstead,  a  former  employee of New York State, by
changing his date of membership to June 22, 1968, the first date he  was
employed  by  the  New  York  State  Department of Parks and Recreation.
There will be no refund of member contributions.
  If  this bill is enacted, there will be an immediate past service cost
of approximately $84,300 which would be borne by the State of  New  York
as  a  one  time  payment. This estimate is based on the assumption that
payment will be made on March 1, 2013.
  Summary of relevant resources:
  Data: March 31, 2011 Actuarial Year End  File  with  distributions  of
membership  and  other  statistics  displayed  in the 2011 Report of the
Actuary and 2011 Comprehensive Annual Financial Report.
  Assumptions and Methods: 2010 and 2011  Annual  Report  to  the  Comp-
troller  on  Actuarial  Assumptions,  Codes Rules and Regulations of the
State of New York: Audit and Control.
  Market Assets and GASB Disclosures: March 31, 2011 New York State  and
Local  Retirement System Financial Statements and Supplementary Informa-
tion.
  Valuations of Benefit Liabilities and Actuarial Assets: summarized  in
the 2011 Actuarial Valuations report.
  I am a member of the American Academy of Actuaries and meet the Quali-
fication Standards to render the actuarial opinion contained herein.
  This estimate, dated January 13, 2012 and intended for use only during
the  2012  Legislative  Session, is Fiscal Note No. 2012-62, prepared by
the Actuary for the New  York  State  and  Local  Employees'  Retirement
System.

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Senate Bill S3150B

Sponsored By

Archive: Last Bill Status - Stricken

Actions

Bill Amendments

2011-S3150 - Details

2011-S3150 - Summary

2011-S3150 - Sponsor Memo

2011-S3150 - Bill Text download pdf

2011-S3150A - Details

2011-S3150A - Summary

2011-S3150A - Sponsor Memo

2011-S3150A - Bill Text download pdf

2011-S3150B (ACTIVE) - Details

2011-S3150B (ACTIVE) - Summary

2011-S3150B (ACTIVE) - Sponsor Memo

2011-S3150B (ACTIVE) - Bill Text download pdf

Comments

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Sponsored By

Tom Libous

Archive: Last Bill Status - Stricken

Actions

Bill Amendments

2011-S3150 - Details

2011-S3150 - Summary

2011-S3150 - Sponsor Memo

2011-S3150 - Bill Text download pdf

2011-S3150A - Details

2011-S3150A - Summary

2011-S3150A - Sponsor Memo

2011-S3150A - Bill Text download pdf

2011-S3150B (ACTIVE) - Details

2011-S3150B (ACTIVE) - Summary

2011-S3150B (ACTIVE) - Sponsor Memo

2011-S3150B (ACTIVE) - Bill Text download pdf

Comments