NY State Assembly Bill 2017-A6848A

Assembly Bill A6848A

2017-2018 Legislative Session

Authorizes Kelsey Wilczynski Tier IV status in the New York state and local employees' retirement system

download bill text pdf

Archive: Last Bill Status - In Assembly Committee

Introduced
- In Committee Assembly
- In Committee Senate
- On Floor Calendar Assembly
- On Floor Calendar Senate
- Passed Assembly
- Passed Senate
Delivered to Governor
Signed By Governor

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Actions

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	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Apr 04, 2018	print number 6848a
Apr 04, 2018	amend and recommit to governmental employees
Jan 03, 2018	referred to governmental employees
Mar 22, 2017	referred to governmental employees

Bill Amendments

Original

A (Active)

2017-A6848 - Details

Current Committee:: Assembly Governmental Employees
Law Section:: Retirement
Versions Introduced in 2015-2016 Legislative Session:: A9426

2017-A6848 - Summary

Authorizes Kelsey Wilczynski Tier IV status in the New York state and local employees' retirement system with a membership date of July 5, 2007.

2017-A6848 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6848
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 22, 2017
                                ___________
 
 Introduced by M. of A. DiPIETRO -- read once and referred to the Commit-
   tee on Governmental Employees
 
 AN  ACT  in relation to granting Kelsey Wilczynski Tier IV status in the
   New York state and local employees' retirement system with  a  member-
   ship date of July 5, 2007

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Notwithstanding any other law to the contrary, Kelsey Wilc-
 zynski, who is currently a Tier VI member of  the  New  York  state  and
 local  employees'  retirement  system  and currently employed by the New
 York state comptroller's office, and who was  appointed  to  a  position
 with the town of North Collins, county of Erie on July 5, 2007, and who,
 for  reasons  not  ascribable  to her own negligence, failed to become a
 member of the New York state and local employees' retirement  system  in
 2007  when first appointed to the position, may be deemed to have become
 a member of the New York state and local employees' retirement system on
 July 5, 2007, if on or before December 31, 2017 she shall file an appli-
 cation therefor with the state comptroller. Upon  the  receipt  of  such
 application,  Kelsey  Wilczynski  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 provided that Kelsey Wilczynski
 makes all employee contributions required to be made by Tier IV  members
 of  the  New  York  state  and  local  employees'  retirement system. No
 contributions made to the New York state and local employees' retirement
 system by Kelsey Wilczynski shall be returned to her  pursuant  to  this
 act.
   § 2. All past service costs of implementing the provisions of this act
 shall be borne by the town of North Collins.
   § 3. This act shall take effect immediately.
   FISCAL NOTE.--
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05919-02-7

 A. 6848                             2
 
   This  bill  will  grant  Tier 4 status in the New York State and Local
 Employees' Retirement System to Kelsey Wilczynski, by changing her  date
 of  membership to July 5, 2007, her first date of employment by the Town
 of North Collins. She currently is a Tier 6 member employed by  the  New
 York State Office of the State Comptroller.
   If this legislation is enacted during the 2016 legislative session, we
 anticipate that there will be an increase of approximately $3,800 in the
 annual  contributions of New York State for the fiscal year ending March
 31, 2018. In future years, this cost will vary as the billing rates  and
 salaries of Kelsey Wilczynski change.
   In addition to the annual contributions discussed above, there will be
 a  one-time past service cost of $19,800 which will be borne by the Town
 of North Collins as a one-time payment. This estimate is  based  on  the
 assumption that payment will be made on February 1, 2018.
   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, 2016  actuarial  valu-
 ation.    Distributions  and  other  statistics can be found in the 2016
 Report of the  Actuary  and  the  2016  Comprehensive  Annual  Financial
 Report.
   The  actuarial  assumptions and methods used are described in the 2015
 and 2016 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, 2016
 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,  date  February  28,  2017,  and intended for use only
 during the  2017  legislative  session,  is  Fiscal  Note  No.  2017-61,
 prepared  by  the  Actuary  for  the New York State and Local Retirement
 System.

2017-A6848A (ACTIVE) - Details

Current Committee:: Assembly Governmental Employees
Law Section:: Retirement
Versions Introduced in 2015-2016 Legislative Session:: A9426

2017-A6848A (ACTIVE) - Summary

Authorizes Kelsey Wilczynski Tier IV status in the New York state and local employees' retirement system with a membership date of July 5, 2007.

2017-A6848A (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  6848--A
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 22, 2017
                                ___________
 
 Introduced by M. of A. DiPIETRO -- read once and referred to the Commit-
   tee  on  Governmental  Employees  --  recommitted  to the Committee on
   Governmental Employees in accordance with Assembly Rule 3, sec.  2  --
   committee  discharged,  bill amended, ordered reprinted as amended and
   recommitted to said committee

 AN ACT in relation to granting Kelsey Wilczynski Tier IV status  in  the
   New  York  state and local employees' retirement system with a member-
   ship date of July 5, 2007
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Notwithstanding any other law to the contrary, Kelsey Wilc-
 zynski,  who  is  currently  a  Tier VI member of the New York state and
 local employees' retirement system and currently  employed  by  the  New
 York  state  comptroller's  office,  and who was appointed to a position
 with the town of North Collins, county of Erie on July 5, 2007, and who,
 for reasons not ascribable to her own negligence,  failed  to  become  a
 member  of  the New York state and local employees' retirement system in
 2007 when first appointed to the position, may be deemed to have  become
 a member of the New York state and local employees' retirement system on
 July  5,  2007, if within one year of the effective date of this act she
 shall file an application therefor with the state comptroller. Upon  the
 receipt  of such application, Kelsey Wilczynski 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 provided that Kelsey
 Wilczynski  makes all employee contributions required to be made by Tier
 IV members of the New York state and local employees' retirement system.
 No contributions made to the New York state and local employees' retire-
 ment system by Kelsey Wilczynski shall be returned to  her  pursuant  to
 this act.
   § 2. All past service costs of implementing the provisions of this act
 shall be borne by the town of North Collins.

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

                                                            LBD05919-04-8

 A. 6848--A                          2
 
   § 3. This act shall take effect immediately.
   FISCAL  NOTE: This bill will grant Tier 4 status in the New York State
 and Local Employees' Retirement System to Kelsey Wilczynski, by changing
 her date of membership to July 5, 2007, her first date of employment  by
 the  Town of North Collins. She currently is a Tier 6 member employed by
 the New York State Office of the State Comptroller. No  member  contrib-
 utions made by Kelsey Wilczynski shall be returned pursuant to this act.
   If this legislation is enacted during the 2018 legislative session, we
 anticipate that there will be an increase of approximately $4,000 in the
 annual  contributions of New York State for the fiscal year ending March
 31, 2019. In future years, this cost will vary as the billing rates  and
 salaries of Kelsey Wilczynski change.
   In addition to the annual contributions discussed above, there will be
 a  past service cost of $26,100 which will be borne by the Town of North
 Collins as a one-time payment. This estimate is based on the  assumption
 that payment will be made on February 1, 2019.
   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, 2017  actuarial  valu-
 ation.    Distributions  and  other  statistics can be found in the 2017
 Report of the  Actuary  and  the  2017  Comprehensive  Annual  Financial
 Report.
   The  actuarial assumptions and methods used are described in the 2015,
 2016 and 2017 Annual Report to the Comptroller on Actuarial Assumptions,
 and the Codes Rules and Regulations of the  State  of  New  York:  Audit
 Control.
   The Market Assets and GASB Disclosures are found in the March 31, 2017
 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 April 2, 2018, and intended for use  only  during
 the  2018  Legislative  Session, is Fiscal Note No. 2018-75, prepared by
 the Actuary for the New York State and Local Retirement System.

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