S T A T E   O F   N E W   Y O R K
________________________________________________________________________
                                  9416
                          I N  A S S E M B L Y
                             April 29, 2014
                               ___________
Introduced by M. of A. WALTER -- read once and referred to the Committee
  on Governmental Employees
AN  ACT  to  authorize  Lois  J.  Reid  to apply for ordinary disability
  retirement benefits from 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 other provision of law, Lois  J.  Reid,
who  was  employed  by the Erie County Youth Board on March 6, 1970, and
who was employed by the New York state department of social services  on
May  16,  1985,  was a member of the New York state and local employees'
retirement system for  approximately  17.5  years,  was  diagnosed  with
chronic  fatigue  syndrome  in 1990, which is a symptom of mitochondrial
disease, of which was diagnosed on March 1, 2011,  and  which  was  only
recently identified by the medical community, was declared to be totally
and  permanently  disabled  by  the  New York state department of social
services in 1990, and who was declared to  be  totally  and  permanently
disabled  by  the  United  States  social security administration in the
early 1990s, and who was denied ordinary disability retirement benefits,
shall be entitled to collect  ordinary  disability  retirement  benefits
from  the New York state and local employees' retirement system covering
the period from June 19, 1992 through March 1, 2003 if, within one  year
of  the  effective date of this act, she shall file a written request to
that effect with the state comptroller. All retirement benefits  payable
pursuant to the provisions of this act shall be paid to Lois J. Reid.
  S 2. All costs associated with the implementation of this act shall be
borne by the state.
  S 3. This act shall take effect immediately.
  FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
  This bill will grant temporary ordinary disability retirement benefits
to  Lois  J.  Reid, a retiree of the New York State and Local Employees'
Retirement System with a date of retirement of March 1,  2003,  for  the
period from June 19, 1992 through March 1, 2003.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04711-05-4
              
             
                          
                
A. 9416                             2
  If this bill is enacted, we anticipate that there will be an immediate
past  service cost of approximately $127,000. This cost will be borne by
the State of New York as a one-time payment.
  Summary of relevant resources:
  The  membership  data  used  in  measuring  the impact of the proposed
change was the same as that used in the March 31, 2013  actuarial  valu-
ation.    Distributions  and  other  statistics can be found in the 2013
Report of the  Actuary  and  the  2013  Comprehensive  Annual  Financial
Report.
  The  actuarial assumptions and methods used are described in the 2010,
2011, 2012 and 2013  Annual  Report  to  the  Comptroller  on  Actuarial
Assumptions,  and  the  Codes  Rules and Regulations of the State of New
York: Audit and Control.
  The Market Assets and GASB Disclosures are found in the March 31, 2013
New York State and Local  Retirement  System  Financial  Statements  and
Supplementary Information.
  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 October 29, 2013 and intended for use only during
the  2014  Legislative  Session, is Fiscal Note No. 2014-26, prepared by
the Actuary for the New  York  State  and  Local  Employees'  Retirement
System.