NY State Senate Bill 2017-S4253

Senate Bill S4253

Vetoed By Governor

2017-2018 Legislative Session

Grants membership in the New York state and local employees' retirement system to Adam Markel

download bill text pdf

Archive: Last Bill Status Via A5927 - Vetoed by Governor

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

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Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Nov 29, 2017	tabled vetoed memo.177
Nov 17, 2017	delivered to governor
Jun 21, 2017	delivered to assembly passed senate home rule request 3rd reading cal.1330 substituted for s4253
Jun 21, 2017	substituted by a5927
Jun 05, 2017	advanced to third reading
May 24, 2017	2nd report cal.
May 23, 2017	1st report cal.1330
Feb 07, 2017	referred to civil service and pensions

Votes

- Jun 21, 2017 - Floor Vote
  A5927
  
  62
  
  Aye
  
  0
  
  Nay
  
  1
  
  Absent
  
  0
  
  Excused
  
  0
  
  Abstained
  - - Floor Vote: Jun 21, 2017
      
      aye (62)
      
      Addabbo Jr.
      
      Akshar
      
      Alcantara
      
      Amedore
      
      Avella
      
      Bailey
      
      Benjamin
      
      Bonacic
      
      Boyle
      
      Breslin
      
      Brooks
      
      Carlucci
      
      Comrie
      
      Croci
      
      DeFrancisco
      
      Diaz
      
      Dilan
      
      Felder
      
      Flanagan
      
      Funke
      
      Gallivan
      
      Gianaris
      
      Golden
      
      Griffo
      
      Hamilton
      
      Hannon
      
      Helming
      
      Hoylman-Sigal
      
      Jacobs
      
      Kaminsky
      
      Kennedy
      
      Klein
      
      Krueger
      
      LaValle
      
      Lanza
      
      Larkin
      
      Latimer
      
      Little
      
      Marcellino
      
      Marchione
      
      Montgomery
      
      Murphy
      
      O'Mara
      
      Ortt
      
      Parker
      
      Peralta
      
      Persaud
      
      Phillips
      
      Ranzenhofer
      
      Ritchie
      
      Rivera
      
      Robach
      
      Savino
      
      Serino
      
      Serrano
      
      Seward
      
      Squadron
      
      Stavisky
      
      Stewart-Cousins
      
      Tedisco
      
      Valesky
      
      Young
      
      absent (1)
      
      Sanders Jr.
  May 23, 2017 - Civil Service And Pensions Committee Vote
  S4253
  
  10
  
  Aye
  
  0
  
  Nay
  
  1
  
  Aye with Reservations
  
  0
  
  Absent
  
  0
  
  Excused
  
  0
  
  Abstained
  - - Civil Service And Pensions Committee Vote: May 23, 2017
      
      aye (10)
      
      Addabbo Jr.
      
      Croci
      
      Golden
      
      Lanza
      
      Ortt
      
      Phillips
      
      Ritchie
      
      Sanders Jr.
      
      Savino
      
      Serrano
      
      aye wr (1)
      
      Persaud

2017-S4253 (ACTIVE) - Details

See Assembly Version of this Bill:: A5927
Law Section:: Retirement
Versions Introduced in Other Legislative Sessions:: 2015-2016: S7111, A9703
2019-2020: S1577, A7414

2017-S4253 (ACTIVE) - Summary

Grants retroactive membership in the New York state and local employees' retirement system to Adam Markel.

2017-S4253 (ACTIVE) - Sponsor Memo

                                 BILL NUMBER:  S4253

 TITLE OF BILL :  An act granting retroactive membership in the New
York state and local employees' retirement system to Adam Markel

 PURPOSE :

This bill would grant Adam Markel Tier 2 status in the New York State
Police and Fire Retirement system upon application.

 SUMMARY OF PROVISIONS :

Section 1: Authorizes Adam Markel to apply for retroactive membership
in the New York State and Local Employees' Retirement System with an
effective date of September 5, 2006. Once an application is filed with
the head of the New York State Police and Fire Retirement system,
within one year from the effective date of this act, such service
credit will be transferred.

Section 2 states that no contributions made to the New York state
Police and Fire Retirement System by Adam Markel should be returned or
refunded to him.

Section 3 states that all past service costs of implementing the
provisions of this act shall be borne by the State University of New
York at Buffalo.

Section 4: Provides that this act shall take effect immediately.

 JUSTIFICATION :

Adam Markel was a part-time employee with the State University of New
York at Buffalo from September 5, 2006 until April 14, 2009. However,
through no fault of his own, he did not become a member of the New
York State and Local Employees' Retirement System during that time.
This legislation would afford Mr. Markel the ability to establish
membership in the retirement system as of September 5, 2006 thereby
correcting this oversight. It should be noted that all past service
costs of implementing the provisions of this act would be borne by the
State University of New York at Buffalo.

 LEGISLATIVE HISTORY :

2015-16: S.7111/A.9703 Passed Senate/Referred to Governmental
Employees

 FISCAL IMPLICATIONS :

See fiscal note.

 EFFECTIVE DATE :
This act shall take effect immediately.

2017-S4253 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4253
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             February 7, 2017
                                ___________
 
 Introduced  by Sen. GALLIVAN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Civil Service and Pensions
 
 AN ACT granting retroactive membership in the New York state  and  local
   employees' retirement system to Adam Markel
 
   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, Adam Markel,
 who was employed as a part-time employee with the  state  university  of
 New  York  at Buffalo with a start date of September 5, 2006 until April
 14, 2009, and who is currently a member of the New York state and  local
 police  and  fire retirement system, who through no fault of his own did
 not become a member of the New York state and local  employees'  retire-
 ment  system  on  September  5,  2006  when  first employed by the state
 university at Buffalo shall be deemed to have been a member of  the  New
 York  state and local employees' retirement system on such date and such
 service credit shall be transferred to the  New  York  state  and  local
 police and fire retirement system, provided that an application is filed
 with the head of the New York state and local police and fire retirement
 system within one year from the effective date of this act.
   §  2. No contributions made to the New York state and local police and
 fire retirement system by Adam Markel shall be returned or  refunded  to
 him pursuant to this act.
   § 3. All past service costs associated with the implementation of this
 act shall be borne by the state university of New York at Buffalo.
   § 4. This act shall take effect immediately.
   FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
   This  bill  will  grant  Tier 2 status in the New York State and Local
 Police and Fire Retirement System to  Adam  Markel,  a  current  Tier  5
 member  employed by the City of Buffalo, by changing his date of member-
 ship to September 5, 2006, his first date of employment with  the  State

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD00163-02-7

 S. 4253                             2
 
 University  of  New  York  at Buffalo. There will be no refund of member
 contributions.
   If this legislation is enacted during the 2017 legislative session, we
 anticipate that there will be an increase of approximately $3,500 in the
 annual  contributions  of the City of Buffalo for the fiscal year ending
 March 31, 2018. In future years, this cost  will  vary  as  the  billing
 rates and salary of Adam Markel change.
   In addition to the annual contributions discussed above, there will be
 an  immediate  past  service  cost of approximately $7,730 which will be
 borne by the State University of New  York  at  Buffalo  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, dated February 3,  2017,  and  intended  for  use  only
 during  the  2017  Legislative  Session,  is  Fiscal  Note  No. 2017-48,
 prepared by the Actuary for the New  York  State  and  Local  Retirement
 System.

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