|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jul 18, 2012||
|Jul 06, 2012||
delivered to governor
|Jun 21, 2012||
returned to assembly
home rule request
3rd reading cal.1007
substituted for s6780
|Jun 21, 2012||
substituted by a9566
|Jun 06, 2012||
advanced to third reading
|Jun 05, 2012||
2nd report cal.
|Jun 04, 2012||
1st report cal.1007
|Mar 21, 2012||
referred to civil service and pensions
senate Bill S6780Signed By Governor
Authorizes the reopening of the twenty-five year retirement benefit plan to certain deputy sheriffs of Sullivan county
Archive: Last Bill Status Via A9566 - Signed by Governor
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed by Governor
view actions (12)
Jun 21, 2012 - floor VoteA9566600floor60Aye0Nay0Absent2Excused0Abstained
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Floor Vote: Jun 21, 2012aye (60)
Jun 4, 2012 - Civil Service and Pensions committee VoteS6780120committee12Aye0Nay0Aye with Reservations0Absent0Excused0Abstained
- show floor vote details
S6780 - Bill Details
- See Assembly Version of this Bill:
- Law Section:
S6780 - Bill Texts
Authorizes the reopening of the twenty-five year retirement benefit plan to certain deputy sheriffs of Sullivan county who failed to make a timely election thereof.
view sponsor memo
TITLE OF BILL:
relating to authorizing the reopening of the twenty-five year retirement
benefit plan to certain deputy sheriffs of Sullivan county who failed to
make a timely election thereof
Authorizes the reopening of the twenty-five year retirement benefit
plan to three deputy sheriffs of Sullivan county who failed to make a
timely election thereof due to a clerical error on the part of the
SUMMARY OF PROVISIONS:
Deputy sheriffs of Sullivan County, Scott Galligan, Sean Grady and
Rose Ionta-Tocco, who were eligible to elect to participate in the
twenty-five year retirement benefit plan established pursuant to
section 89-p, and subdivision 1 of section 603 of the retirement and
social security law, and who failed to elect to participate in the
plan in a timely manner for reasons not ascribable to his or her own
negligence shall be deemed to have timely made such election.
These three Deputy Sheriffs failed to elect to participate in the 25
year retirement benefit plan in a timely manner for reasons not
ascribable to their own negligence.
This is a new bill.
The increase in the annual contributions for Sullivan County will be
approximately $4,500. In addition, the immediate past service cost
will be approximately $7,650 which will be borne by Sullivan County.
This act shall take effect immediately.
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S T A T E O F N E W Y O R K ________________________________________________________________________ 6780 I N S E N A T E March 21, 2012 ___________ Introduced by Sen. BONACIC -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions AN ACT relating to authorizing the reopening of the twenty-five year retirement benefit plan to certain deputy sheriffs of Sullivan county who failed to make a timely election thereof 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, deputy sheriffs of Sullivan county, Scott Galligan, Sean Grady and Rose Ionta-Tocco, who were eligible to elect to participate in the twenty- five year retirement benefit plan established pursuant to article 14-B of the retirement and social security law, and who failed to elect to participate in such retirement benefit plan in a timely manner for reasons not ascribable to their own negligence, shall be deemed to have timely made such election if each such deputy sheriff, respectively, shall file an election to participate in the twenty-five year retirement benefit plan with the state comptroller on or before December 31, 2012. S 2. The past service costs of implementing the provisions of this act shall be borne by the county of Sullivan. S 3. This act shall take effect immediately. Fiscal Note.--Pursuant to Legislative Law, Section 50: This bill would allow Sullivan County to reopen the provisions of the twenty-five year retirement plan established pursuant to article 14-B of the Retirement and Social Security Law for Scott Galligan, Sean Grady and Rose Ionta-Tocco. If this legislation is enacted during the 2012 legislative session, we anticipate that there would be an increase of approximately $4,500 in the annual contributions of Sullivan County for the fiscal year ending March 31, 2013. In addition to the annual contributions discussed above, there would be an immediate past service cost of approximately $7,650, which would be borne by Sullivan County as a one-time payment. This estimate is based on the assumption that payment would be made on February 1, 2013. Summary of relevant resources: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD14819-02-2 S. 6780 2 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 March 8, 2012, and intended for use only during the 2012 Legislative Session, is Fiscal Note No. 2012-108, prepared by the Actuary for the New York State and Local Employees' Retirement System.
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