|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jul 22, 2014||signed chap.174|
|Jul 11, 2014||delivered to governor|
|Jun 19, 2014||returned to senate|
home rule request
ordered to third reading rules cal.505
substituted for a9993
|Jun 18, 2014||referred to governmental employees|
delivered to assembly
home rule request
|Jun 02, 2014||advanced to third reading|
|May 29, 2014||2nd report cal.|
|May 28, 2014||1st report cal.996|
|May 14, 2014||referred to civil service and pensions|
senate Bill S7365Signed By Governor
Authorizes the town of Carmel, in the county of Putnam, to offer police officers Robert Behan and James Evans an optional 20 year retirement plan
Archive: Last Bill Status - Signed by Governor
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed by Governor
view actions (15)
Jun 18, 2014 - floor VoteS7365590floor59Aye0Nay0Absent2Excused0Abstained
show floor vote details
Floor Vote: Jun 18, 2014aye (59)
May 28, 2014 - Civil Service and Pensions committee VoteS736580committee8Aye0Nay3Aye with Reservations0Absent0Excused0Abstained
- show floor vote details
S7365 - Bill Details
- See Assembly Version of this Bill:
- Law Section:
S7365 - Bill Texts
Authorizes the town of Carmel, in the county of Putnam, to offer police officers Robert Behan and James Evans an optional 20 year retirement plan.
view sponsor memo
TITLE OF BILL: An act to authorize the town of Carmel, in the county
of Putnam, to offer an optional twenty year retirement plan to police
officers Robert Behan and James Evans
Authorizes the town of Carmel, in the county of Putnam, to offer
police officers Robert Behan and James Evans an optional 20 year
SUMMARY OF PROVISIONS:
Section One - Authorizes an offer of an optional twenty year
retirement plan under section 384-d of the retirement and social
security law available to police officers, Robert Behan and James
Evans of the town of Carmel in the county of Putnam. The town of
Carmel may so elect by filing with the state comptroller on or before
December 31, 2014, a resolution of the town board together with
certification that such police officers did not bar themselves from
participation in such retirement plan as a result of their own
negligence. After this is done, the selected officers may elect to be
covered by the provisions of section 384-d of the retirement and
social security law, will be entitled to the full rights and benefits
associated with coverage under the section while employed by filing a
request with the state comptroller on or before June 30, 2015.
Section Two - All past service costs associated with implementing the
provisions of this act will be borne by the town of Carmel.
Section Three - This act shall take effect immediately.
Upon hiring Mr. Robert Behan (Reg No. 0A85614-6) and Mr. James Evans
(Reg No. 0A95610-2) of the Town of Carmel Police Department and
members of the NYS PFRS were registered under the wrong retirement
plan. They were incorrectly registered in the 375-i plan. Upon
registration these two members should have been registered in the
20-year Section 384-d plan. The Town of Carmel is requesting that Plan
384-d be re-opened for these two officers. The Town has received a
cost estimate from the New York State and Local Retirement System for
legislation that will allow these two officers to do so. Upon
re-opening Officer Behan and Officer Evans may elected to be covered
under the provisions of such plan.
Please see fiscal note.
This act shall take effect immediately.
view full text
S T A T E O F N E W Y O R K ________________________________________________________________________ 7365 I N S E N A T E May 14, 2014 ___________ Introduced by Sen. BALL -- 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 Carmel, in the county of Putnam, to offer an optional twenty year retirement plan to police officers Robert Behan and James Evans 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 Carmel, in the county of Putnam, a participating employer 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 secu- rity law, to police officers employed by such town, is hereby authorized to make participation in such plan available to Robert Behan, a police sergeant, and James Evans, a police officer, employed by the town of Carmel, who, for reasons not ascribable to their own negligence failed to make a timely application to participate in such optional twenty year retirement plan. The town of Carmel may so elect by filing with the state comptroller, on or before December 31, 2014, a resolution of the town board together with certification that such police officers did not bar themselves from participation in such retirement plan as a result of their own negligence. Thereafter, such police officers 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 while so employed, by filing a request to that effect with the state comptroller on or before June 30, 2015. S 2. All past service costs associated with implementing the provisions of this act shall be borne by the town of Carmel. S 3. This act shall take effect immediately. FISCAL NOTE. -- Pursuant to Legislative Law, Section 50: This bill will allow the Town of Carmel to reopen the provisions of Section 384-d of the Retirement and Social Security Law for police offi- cers Robert Behan and James Evans. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD14889-02-4 S. 7365 2 If this legislation is enacted during the 2014 legislative session, and officers Behan and Evans become covered by the provisions of Section 384-d of the Retirement and Social Security Law, we anticipate that there will be an increase of approximately $20,100 in the annual contributions of the Town of Carmel for the fiscal year ending March 31, 2015. In future years, this cost will vary as the billing rates and salary of Robert Behan and James Evans change. In addition to the annual contributions discussed above, there will be an immediate past service cost of approximately $67,900, which will be borne by the Town of Carmel as a one-time payment, assuming a payment date of February 1, 2015. 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 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 May 12, 2014 and intended for use only during the 2014 Legislative Session, is Fiscal Note No. 2014-129, prepared by the Actuary for the New York State and Local Police and Fire Retirement System.
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