assembly Bill A7458A

Vetoed By Governor
2013-2014 Legislative Session

Grants retroactive Tier IV membership in the New York state and local employees' retirement system to Brian Stebbins

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Archive: Last Bill Status Via S5564 - Vetoed by Governor


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Vetoed by Governor

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Actions

view actions (16)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Sep 27, 2013 vetoed memo.230
Sep 17, 2013 delivered to governor
Jun 18, 2013 returned to senate
passed assembly
home rule request
ordered to third reading rules cal.360
substituted for a7458a
Jun 18, 2013 substituted by s5564a
Jun 17, 2013 ordered to third reading rules cal.360
rules report cal.360
reported
Jun 13, 2013 reported referred to rules
reported referred to ways and means
Jun 06, 2013 print number 7458a
amend and recommit to governmental employees
May 21, 2013 referred to governmental employees

Votes

view votes

Jun 17, 2013 - Rules committee Vote

S5564A
20
0
committee
20
Aye
0
Nay
4
Aye with Reservations
0
Absent
1
Excused
0
Abstained
show committee vote details

Jun 12, 2013 - Rules committee Vote

S5564A
20
0
committee
20
Aye
0
Nay
4
Aye with Reservations
0
Absent
1
Excused
0
Abstained
show committee vote details

Bill Amendments

Original
A (Active)
Original
A (Active)

A7458 - Bill Details

See Senate Version of this Bill:
S5564A
Law Section:
Retirement
Versions Introduced in 2011-2012 Legislative Session:
A10728A, S7799

A7458 - Bill Texts

view summary

Grants retroactive tier IV membership in the New York state and local employees' retirement system to Brian Stebbins.

view full text
download pdf
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

    S. 5564                                                  A. 7458

                       2013-2014 Regular Sessions

                      S E N A T E - A S S E M B L Y

                              May 21, 2013
                               ___________

IN SENATE -- Introduced by Sen. BRESLIN -- read twice and ordered print-
  ed, and when printed to be committed to the Committee on Civil Service
  and Pensions

IN ASSEMBLY -- Introduced by M. of A. McDONALD -- read once and referred
  to the Committee on Governmental Employees

AN ACT granting retroactive tier IV membership in the New York state and
  local employees' retirement system to Brian Stebbins

  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, Brian Stebbins,
a member of the New York state and local employees'  retirement  system,
who  was employed on August 1, 2003, by the village of Green Island, and
who filed a membership application in such system  on  August  1,  2003,
which  should have given him Tier IV status but for reasons not ascriba-
ble to his own negligence and due to an administrative error, the appli-
cation was not processed in the usual manner and therefore not processed
until March 15, 2012, may be deemed to have become a member of  the  New
York state and local employees' retirement system on August 1, 2003.
  S 2. Any past service costs incurred in implementing the provisions of
this act shall be borne by the village of Green Island.
  S 3. This act shall take effect immediately.
  FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
  This  bill  will  grant  Tier 4 status in the New York State and Local
Employees' Retirement System to Brian M.  Stebbins,  a  current  Tier  5
member  employed  by  the  State  of  New  York, by changing his date of
membership to August 1, 2003, the first date  he  was  employed  by  the
Village of Green Island.
  If this legislation is enacted during the 2013 legislative session, we
anticipate that there will be an increase of approximately $2,100 in the

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01956-02-3

S. 5564                             2                            A. 7458

annual contributions of the State of New York for the fiscal year ending
March 31, 2014.
  In addition to the annual contributions discussed above, there will be
an  immediate  past  service  cost of approximately $1,200 which will be
borne by the Village of Green Island as a one time payment.  This  esti-
mate is based on the assumption that payment will be made on February 1,
2014.
  Summary of relevant resources:
  Data:  March  31,  2012  Actuarial Year End File with distributions of
membership and other statistics displayed in  the  2012  Report  of  the
Actuary and 2012 Comprehensive Annual Financial Report.
  Assumptions  and  Methods:  2010,  2011  and 2012 Annual Report to the
Comptroller on Actuarial Assumptions, Codes Rules and Regulations of the
State of New York: Audit and Control.
  Market Assets and GASB Disclosures: March 31, 2012 New York State  and
Local  Retirement System Financial Statements and Supplementary Informa-
tion.
  Valuations of Benefit Liabilities and Actuarial Assets: summarized  in
the 2012 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 May 9, 2013 and intended for use only during the
2013 Legislative Session, is Fiscal Note No. 2013-136, prepared  by  the
Actuary for the New York State and Local Employees' Retirement System.

A7458A (ACTIVE) - Bill Details

See Senate Version of this Bill:
S5564A
Law Section:
Retirement
Versions Introduced in 2011-2012 Legislative Session:
A10728A, S7799

A7458A (ACTIVE) - Bill Texts

view summary

Grants retroactive tier IV membership in the New York state and local employees' retirement system to Brian Stebbins.

view full text
download pdf
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

    S. 5564--A                                            A. 7458--A

                       2013-2014 Regular Sessions

                      S E N A T E - A S S E M B L Y

                              May 21, 2013
                               ___________

IN SENATE -- Introduced by Sen. BRESLIN -- read twice and ordered print-
  ed, and when printed to be committed to the Committee on Civil Service
  and  Pensions -- committee discharged, bill amended, ordered reprinted
  as amended and recommitted to said committee

IN ASSEMBLY -- Introduced by M. of A. McDONALD -- read once and referred
  to the Committee on Governmental Employees  --  committee  discharged,
  bill  amended,  ordered  reprinted  as amended and recommitted to said
  committee

AN ACT granting retroactive tier IV membership in the New York state and
  local employees' retirement system to Brian Stebbins

  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, Brian Stebbins,
a  member  of the New York state and local employees' retirement system,
who was employed on August 1, 2003, by the village of Green Island,  and
who  filed  a  membership  application in such system on August 1, 2003,
which should have given him Tier IV status but for reasons not  ascriba-
ble to his own negligence and due to an administrative error, the appli-
cation was not processed in the usual manner and therefore not processed
until  March  15, 2012, may be deemed to have become a member of the New
York state and local employees' retirement system on August 1, 2003,  if
on  or  before  December  31, 2013 he shall file an application therefor
with the state comptroller. Upon the receipt of such application,  Brian
Stebbins shall be granted Tier IV status in the New York state and local
employees'  retirement  system  and  be  eligible for all the rights and
benefits thereof. No contributions made to the New York state and  local
employees'  retirement system by Brian Stebbins shall be returned to him
pursuant to this act.
  S 2. Any past service costs incurred in implementing the provisions of
this act shall be borne by the village of Green Island.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01956-04-3

S. 5564--A                          2                         A. 7458--A

  S 3. This act shall take effect immediately.
  FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
  This  bill  will  grant  Tier 4 status in the New York State and Local
Employees' Retirement System to Brian M.  Stebbins,  a  current  Tier  5
member  employed  by  the  State  of  New  York, by changing his date of
membership to August 1, 2003, the first date  he  was  employed  by  the
Village of Green Island.
  If this legislation is enacted during the 2013 legislative session, we
anticipate that there will be an increase of approximately $2,100 in the
annual contributions of the State of New York for the fiscal year ending
March 31, 2014.
  In addition to the annual contributions discussed above, there will be
an  immediate  past  service  cost of approximately $1,200 which will be
borne by the Village of Green Island as a one time payment.  This  esti-
mate is based on the assumption that payment will be made on February 1,
2014.
  Summary of relevant resources:
  Data:  March  31,  2012  Actuarial Year End File with distributions of
membership and other statistics displayed in  the  2012  Report  of  the
Actuary and 2012 Comprehensive Annual Financial Report.
  Assumptions  and  Methods:  2010,  2011  and 2012 Annual Report to the
Comptroller on Actuarial Assumptions, Codes Rules and Regulations of the
State of New York: Audit and Control.
  Market Assets and GASB Disclosures: March 31, 2012 New York State  and
Local  Retirement System Financial Statements and Supplementary Informa-
tion.
  Valuations of Benefit Liabilities and Actuarial Assets: summarized  in
the 2012 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 May 9, 2013 and intended for use only during the
2013 Legislative Session, is Fiscal Note No. 2013-136, prepared  by  the
Actuary for the New York State and Local Employees' Retirement System.

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