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

                                  7764

                            I N  S E N A T E

                              June 18, 2012
                               ___________

Introduced  by Sen. CARLUCCI -- read twice and ordered printed, and when
  printed to be committed to the Committee on Rules

AN ACT to authorize Beth Barsamian to receive an ordinary death  benefit
  of her daughter, Lauren Barsamian

  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,
Beth Barsamian shall be hereby eligible to receive  the  ordinary  death
benefit  calculated pursuant to section 606 of the retirement and social
security law on account of the death of her daughter, Lauren  Barsamian,
registration  number  40537649, who died in a tragic accident on October
8, 2005, while employed by the East Ramapo School District, a member  of
the  New  York  state  teachers'  retirement system, and for reasons not
ascribable to Lauren Barsamian's own negligence, and  as  such  did  not
afford  death  coverage  to  her  mother  and  family. Beth Barsamian is
further authorized to transfer the prior service credit of Lauren Barsa-
mian in the New York state and local employees' retirement  system,  who
was employed from September 2002 through August 2005 as a teacher at the
St.  Joseph's School for the Deaf, an employer which participates in the
New York state and local employees' retirement system, to the  New  York
state  teachers'  retirement  system  which  Lauren  Barsamian joined in
September 2005, if on or before December 31, 2012, she files an applica-
tion therefor with the state comptroller. Such transfer shall be  deemed
to have taken effect on the beginning date of Lauren Barsamian's employ-
ment with the New York state teachers' retirement system.
  Transfer  of  Lauren Barsamian's prior service credit shall be made by
the New York state and local employees' retirement  system  to  the  New
York state teachers' retirement system upon notification from the latter
retirement  system to the former retirement system that Lauren Barsamian
would have met all of the requirements, had she been alive.  There shall
not be a transfer of the member's  contributions  because  those  monies
have already been paid out to her designated beneficiary.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15384-02-2

              

S. 7764                             2

  All  costs  incurred by implementing the provisions of this act due to
past service shall be borne by the employers of members of the New  York
state teachers' retirement system.
  S 2. This act shall take effect immediately.
  FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
  This  bill would allow Beth Barsamian, the mother of Lauren Barsamian,
to transfer Lauren Barsamian's service credit in the New York State  and
Local  Employees'  Retirement  System  to  the  New York State Teachers'
Retirement System. Lauren Barsamian became a  member  of  the  New  York
State  Teachers'  Retirement  System  on September 1, 2005 and died in a
tragic accident on October 8, 2005. Lauren Barsamian was ineligible  for
death benefit coverage under Paragraph 2 of subdivision a of Section 606
of  the Retirement and Social Security Law because she had less than one
year of service credit with the  New  York  State  Teachers'  Retirement
System  at  the  time of her death. However she would have been eligible
for death benefit coverage had she transferred her service credit in the
New York State and Local Employees' Retirement System to  the  New  York
State Teachers' Retirement System prior to her death.
  The  cost  of  this  benefit is equal to the amount of Ms. Barsamian's
ordinary death benefit, which is estimated to be $167,000.
  The source of this estimate is Fiscal Note 2012-38 dated June 18, 2012
prepared by the Actuary of  the  New  York  State  Teachers'  Retirement
System and is intended for use only during the 2012 Legislative Session.
I,  Richard  A.  Young,  am the Actuary for the New York State Teachers'
Retirement System. I am a member of the American  Academy  of  Actuaries
and  I meet the Qualification Standards of the American Academy of Actu-
aries to render the actuarial opinion contained herein.