Senate Bill S8066

Vetoed By Governor
2017-2018 Legislative Session

Relates to accidental disability retirement for deputy sheriffs

download bill text pdf

Sponsored By

Archive: Last Bill Status - 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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2017-S8066 (ACTIVE) - Details

See Assembly Version of this Bill:
A10415
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §556, R & SS L
Versions Introduced in Other Legislative Sessions:
2019-2020: S3964, A5020, A10254
2021-2022: S6092, A4392, A9666
2023-2024: A5714

2017-S8066 (ACTIVE) - Summary

Relates to accidental disability retirement for deputy sheriffs; provides that deputy sheriffs shall receive a pension of three-quarters of their final average salary.

2017-S8066 (ACTIVE) - Sponsor Memo

2017-S8066 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8066
 
                             I N  S E N A T E
 
                              March 23, 2018
                                ___________
 
 Introduced  by  Sen.  GOLDEN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Civil Service and Pensions
 
 AN ACT to amend the retirement and social security law, in  relation  to
   accidental disability retirement for deputy sheriffs
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Paragraph 3 of subdivision e of section 556 of the  retire-
 ment  and  social  security  law, as added by chapter 165 of the laws of
 1995, is amended to read as follows:
   3. A pension of  two-thirds  of  his  or  her  final  average  salary;
 PROVIDED,  HOWEVER,  A  DEPUTY SHERIFF SHALL RECEIVE A PENSION OF THREE-
 QUARTERS OF HIS OR HER FINAL AVERAGE SALARY IF SUCH  DEPUTY  SHERIFF  IS
 EMPLOYED  BY  AN  EMPLOYER  THAT  HAS ELECTED TO PROVIDE SUCH BENEFIT TO
 DEPUTY SHERIFFS. The payment of such pension shall  be  subject  to  the
 provisions of section three hundred sixty-four of this chapter.
   § 2. This act shall take effect immediately.
   FISCAL NOTE.-- Pursuant to Legislative Law, Section 50:
   This  bill  would allow employers who have elected Article 14-B of the
 Retirement and Social Security Law to elect to provide an improved acci-
 dental disability pension to deputy sheriffs in their employ. The  bene-
 fit  for  an  accidental disability would be 75% of final average salary
 minus worker's compensation. The current benefit is 2/3 of final average
 salary minus worker's compensation.
   If this bill is enacted, the estimated increase in the annual contrib-
 utions of electing counties for the fiscal year ending  March  31,  2019
 would be 0.3% of the compensation of their deputy sheriffs.
   In addition to the annual contributions discussed above, there will be
 a  past service cost of 1.0% of the compensation of such deputy sheriffs
 which will be paid by such counties as a one-time payment.   This  esti-
 mate 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-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

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