Senate Bill S6780

Signed By Governor
2011-2012 Legislative Session

Authorizes the reopening of the twenty-five year retirement benefit plan to certain deputy sheriffs of Sullivan county

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Archive: Last Bill Status Via A9566 - Signed by Governor


  • 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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2011-S6780 (ACTIVE) - Details

See Assembly Version of this Bill:
A9566
Law Section:
Retirement

2011-S6780 (ACTIVE) - Summary

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.

2011-S6780 (ACTIVE) - Sponsor Memo

2011-S6780 (ACTIVE) - Bill Text download pdf

                            
                    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.
              

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