Senate Bill S5719

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

                                 5719--A

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                              June 13, 2011
                               ___________

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

AN  ACT  to  authorize  the county of Broome to offer an optional twenty
  year retirement plan to deputy sheriffs Richard Merrell and  Frederick
  Akshar

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

  Section 1. Notwithstanding any other provision of law to the contrary,
the county of Broome, a participating employer in the New York state and
local employees' retirement system, which previously  elected  to  offer
the  optional  twenty  year  retirement  plan,  established  pursuant to
section 552 of the retirement and  social  security  law,  to  sheriffs,
under-sheriffs  and  deputy  sheriffs employed by such county, is hereby
authorized to make participation in such plan and benefits available  to
Richard  Merrell  and  Frederick Akshar, deputy sheriffs employed by the
county of Broome, who, for reasons not ascribable to  their  own  negli-
gence,  failed  to  make  a  timely  application  to participate in such
optional twenty year retirement plan.  The county of Broome may so elect
by filing with the state comptroller, on or before December 31, 2011,  a
resolution  of  its  local  legislative body together with certification
that such deputy sheriffs did not bar themselves from  participation  in
such  retirement  plan  as a result of their own negligence. Thereafter,
such deputy sheriffs may elect  to  be  covered  by  the  provisions  of
section  552  of  the  retirement  and social security law, and shall be
entitled to the full rights and benefits associated with coverage  under
such  section,  by  filing a request to that effect with the state comp-
troller on or before June 30, 2012.
  S 2. All employer "past service" costs  associated  with  implementing
the provisions of this act shall be borne by the county of Broome.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD13048-02-1
              

S. 5719--A                          2

  S 3. This act shall take effect immediately.
  FISCAL NOTE.-- Pursuant to Legislative Law, Section 50:
  This  bill  would  allow  Broome  County  to  reopen the provisions of
Section 552 of the Retirement and Social Security Law for  deputy  sher-
iffs Richard Merrell and Frederick Akshar.
  If this legislation is enacted during the 2011 legislative session, we
anticipate  that  there would be an increase of approximately $13,400 in
the annual contributions of Broome County for  the  fiscal  year  ending
March 31, 2012.
  In  addition  to the annual contributions discussed above, there would
be an immediate past service cost of approximately $23,300, which  would
be  borne by Broome County as a one-time payment. This estimate is based
on the assumption that payment would be made on February 1, 2012.
  This estimate, dated June 14, 2011, and intended for use  only  during
the  2011  Legislative Session, is Fiscal Note No. 2011-205, prepared by
the Actuary for the New  York  State  and  Local  Employees'  Retirement
System.