senate Bill S3182

Signed By Governor
2013-2014 Legislative Session

Authorizes the town of Ticonderoga to offer a 20 year retirement plan to police officer Dale W. Quesnel, Jr.

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Archive: Last Bill Status Via A4963 - Signed by Governor


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

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jul 31, 2013 signed chap.193
Jul 19, 2013 delivered to governor
Jun 13, 2013 returned to assembly
passed senate
home rule request
3rd reading cal.380
substituted for s3182
Jun 13, 2013 substituted by a4963
Apr 24, 2013 advanced to third reading
Apr 23, 2013 2nd report cal.
Apr 22, 2013 1st report cal.380
Jan 31, 2013 referred to civil service and pensions

Votes

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Apr 22, 2013 - Civil Service and Pensions committee Vote

S3182
10
0
committee
10
Aye
0
Nay
0
Aye with Reservations
0
Absent
1
Excused
0
Abstained
show Civil Service and Pensions committee vote details

Civil Service and Pensions Committee Vote: Apr 22, 2013

excused (1)

S3182 - Bill Details

See Assembly Version of this Bill:
A4963
Law Section:
Retirement
Versions Introduced in 2011-2012 Legislative Session:
S7494A, A10459A

S3182 - Bill Texts

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Authorizes the town of Ticonderoga to offer a 20 year retirement plan to police officer Dale W. Quesnel, Jr.

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BILL NUMBER:S3182

TITLE OF BILL: An act to authorize the town of Ticonderoga, in the
county of Essex to offer an optional twenty year retirement plan to
police officer Dale W. Quesnel, Jr.

PURPOSE: Authorizes the town of Ticonderoga to offer a 20 year retire-
ment plan to police officer Dale W. Quesnel, Jr.

SUMMARY OF PROVISIONS:

Section 1- Authorizes the town of Ticonderoga to offer the optional
twenty year retirement plan, established pursuant to section 384-d of
the retirement and social security law to Dale W. Quesnel, Jr.

Section 2- States that all costs associated with implementing the
provisions of this act shall be borne by the town of Ticonderoga.

Section 3- Contains the effective date.

JUSTIFICATION: The town of Ticonderoga has requested this legislation
to authorize Dale W. Quesnel, Jr. to participate in the retirement plan
established pursuant to section 384-d of the retirement and social secu-
rity law. The town has further agreed to bear all past service cost
associates with implementing this legislation.

LEGISLATIVE HISTORY: 2012 S. 7494-A Referred to Civil Service and
Pensions A. 10459-A Passed Assembly

LOCAL FISCAL IMPLICATIONS: It is anticipated that there will be an
increase of approximately $6,500 in the annual contributions of the town
of Ticonderoga for the fiscal year ending in March 31, 2014. In addi-
tion, there will be an immediate past service cost of approximately
$10,800, which will be borne by the town of Ticonderoga as a one-time
payment.

EFFECTIVE DATE: This act shall take effect immediately.

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

                                  3182

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 31, 2013
                               ___________

Introduced  by  Sen.  LITTLE -- read twice and ordered printed, and when
  printed to be committed to the Committee on Civil Service and Pensions

AN ACT to authorize the town of Ticonderoga, in the county of  Essex  to
  offer  an  optional twenty year retirement plan to police officer Dale
  W. Quesnel, Jr.

  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,
the town of Ticonderoga, in the county of Essex, a participating employ-
er  in  the  New York state and local police and fire retirement system,
which previously elected to offer the optional  twenty  year  retirement
plan, established pursuant to section 384-d of the retirement and social
security  law,  to  police  officers  employed  by  such town, is hereby
authorized to make participation in such  plan  available  to  patrolman
Dale  W. Quesnel, Jr., a police officer employed by the town of Ticonde-
roga, who, for reasons not ascribable to his own negligence,  failed  to
make  a  timely  application to participate in such optional twenty year
retirement plan.  The town of Ticonderoga may so elect  by  filing  with
the  state  comptroller, on or before December 31, 2014, a resolution of
its town board together with certification that such police officer  did
not  bar  himself from participation in such retirement plan as a result
of his own negligence.  Thereafter, such police officer may elect to  be
covered  by the provisions of section 384-d of the retirement and social
security law, and shall be entitled to  the  full  rights  and  benefits
associated with coverage under such section, by filing a request to that
effect with the state comptroller on or before June 30, 2015.
  S  2.  All  past  costs associated with implementing the provisions of
this act shall be borne by the town of Ticonderoga.
  S 3. This act shall take effect immediately.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01211-02-3

S. 3182                             2

  FISCAL NOTE.-- This bill will allow the Town of Ticonderoga  to  elect
to  reopen  the provisions of Section 384-d of the Retirement and Social
Security Law for patrolman Dale W. Quesnel, Jr.
  If this bill is enacted and Dale W. Quesnel, Jr. becomes covered under
Section  384-d, we anticipate that there will be an increase of approxi-
mately $6,600 in the annual contributions of the Town of Ticonderoga 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 $10,800 which  would  be
borne by the Town of Ticonderoga as a one-time payment. This estimate 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 January 25, 2013 and intended for use only during
the  2013  Legislative  Session, is Fiscal Note No. 2013-48, prepared by
the Actuary for the New York State and Local Police and Fire  Retirement
System.

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