NY State Senate Bill 2017-S6397A

Senate Bill S6397A

2017-2018 Legislative Session

Authorizes the New York state teachers' retirement system to accept an application for disability retirement benefits from Karen Sosinski

download bill text pdf

Archive: Last Bill Status - In Senate Committee Civil Service And Pensions 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
May 01, 2018	print number 6397a
May 01, 2018	amend and recommit to civil service and pensions
Jan 03, 2018	referred to civil service and pensions
May 16, 2017	referred to civil service and pensions

Bill Amendments

Original

A (Active)

2017-S6397 - Details

See Assembly Version of this Bill:: A10767
Current Committee:: Senate Civil Service And Pensions
Law Section:: Retirement
Versions Introduced in Other Legislative Sessions:: 2019-2020: A7145
2021-2022: A7900

2017-S6397 - Summary

Authorizes the New York state teachers' retirement system to accept an application for disability retirement benefits from Karen Sosinski.

2017-S6397 - Sponsor Memo

                                 BILL NUMBER:  S6397

 TITLE OF BILL :  An act to authorize the New York state teachers'
retirement system to accept an application for disability retirement
benefits from Karen Sosinski

 PURPOSE :

Authorizes the New York State Teachers' Retirement System to accept an
application for disability retirement benefits from Karen Sosinski.

 SUMMARY OF SPECIFIC PROVISIONS :

Section 1. Provides that Karen Sosinski, who was employed as a teacher
by the Dunkirk City School District until April 3, 2014, shall be
deemed to have applied to the New York State Teachers' Retirement
System for disability retirement benefits within 30 days of her
ceasing to be employed on April 3, 2014.

Section 2. Provides that all costs associated with the implementation
of this act shall be borne by the employers of the members of the New
York State Teachers' Retirement System.

Section 3. Provides that the legislation shall take effect
immediately.

 JUSTIFICATION :

For reasons not ascribable to her own negligence, Karen Sosinski, a
vested member of the New York State Teachers' Retirement System, did
not apply for disability retirement benefits until October 26, 2015,
after the 12-month deadline to apply for disability retirement had
lapsed.

Ms. Sosinski ceased her employment as a teacher with the Dunkirk City
School District on April 3, 2014. This legislation provides that she
shall have been deemed to have applied for disability retirement
benefits within 30 days of ceasing her employment on April 3, 2014.
Currently, Ms. Sosinski is eligible for a service retirement benefit
commencing at age 55.

 PRIOR LEGISLATIVE HISTORY :

New Bill.

 FISCAL IMPLICATIONS :

See Fiscal Note.

 EFFECTIVE DATE :
This act shall take effect immediately.

2017-S6397 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6397
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               May 16, 2017
                                ___________
 
 Introduced  by  Sen.  YOUNG  -- read twice and ordered printed, and when
   printed to be committed to the Committee on Civil Service and Pensions
 
 AN ACT to authorize the New York state teachers'  retirement  system  to
   accept  an  application  for disability retirement benefits from Karen
   Sosinski

   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  application  for  disability retirement benefits of Karen Sosinski,
 who was employed as a teacher by the Dunkirk city school district and  a
 member of the New York state teachers' retirement system, who ceased her
 employment  with  the Dunkirk city school district on April 3, 2014, and
 who, for reasons not ascribable to her own negligence, did not apply  to
 the New York state teachers' retirement system for disability retirement
 benefits  until October 26, 2015, shall be deemed to have applied to the
 New York state teachers' retirement  system  for  disability  retirement
 benefits within 30 days of her ceasing to be employed on April 3, 2014.
   § 2. All costs associated with the implementation of this act shall be
 borne  by  the  employers of the members of the New York state teachers'
 retirement system.
   § 3. This act shall take effect immediately.
   FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
   This bill concerns Karen Sosinski, a vested member  of  the  New  York
 State Teachers' Retirement System who ceased her employment as a teacher
 with  the  Dunkirk  City  School  District on April 3, 2014, and did not
 apply for disability retirement benefits until October 26,  2015,  after
 the 12-month deadline to apply for disability retirement had lapsed. She
 shall be deemed to have applied for disability retirement benefits with-
 in  30  days  of  ceasing her employment on April 3, 2014. Currently Ms.
 Sosinski is eligible for a service retirement benefit commencing at  age
 55.

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

                                                            LBD10510-03-7

 S. 6397                             2
 
   The cost of this benefit is equal to the increase in the present value
 of  liabilities,  which  is estimated to be $118,000. This cost is to be
 borne by the employers of  members  of  the  New  York  State  Teachers'
 Retirement   System  and  is  contingent  upon  the  approval  of  Karen
 Sosinski's application for disability retirement by the Medical Board of
 the New York State Teachers' Retirement System.
   Employee  data  is  from  the System's most recent actuarial valuation
 files, consisting of data provided by the employers  to  the  Retirement
 System.  Data  distributions and statistics can be found in the System's
 Comprehensive Annual Financial  Report  (CAFR).  System  assets  are  as
 reported  in the System's financial statements, and can also be found in
 the CAFR. Actuarial assumptions and methods are provided in the System's
 Actuarial Valuation Report.
   The source of this estimate is Fiscal Note 2017-25 dated May 11,  2017
 prepared  by  the  Actuary  of  the  New York State Teachers' Retirement
 System and is intended for use only during the 2017 Legislative Session.
 I, Richard A. Young, am the Actuary for the  New  York  State  Teachers'
 Retirement  System.  I  am a member of the American Academy of Actuaries
 and I meet the Qualification Standards of the American Academy of  Actu-
 aries to render the actuarial opinion contained herein.

2017-S6397A (ACTIVE) - Details

See Assembly Version of this Bill:: A10767
Current Committee:: Senate Civil Service And Pensions
Law Section:: Retirement
Versions Introduced in Other Legislative Sessions:: 2019-2020: A7145
2021-2022: A7900

2017-S6397A (ACTIVE) - Summary

Authorizes the New York state teachers' retirement system to accept an application for disability retirement benefits from Karen Sosinski.

2017-S6397A (ACTIVE) - Sponsor Memo

                                
 
BILL NUMBER: S6397A

SPONSOR: YOUNG
 
TITLE OF BILL:

An act to authorize the New York state teachers' retirement system to
accept an application for disability retirement benefits from Karen
Sosinski

 
PURPOSE:

Authorizes the New York State Teachers' Retirement System to accept an
application for disability retirement benefits from Karen Sosinski.

 
SUMMARY OF SPECIFIC PROVISIONS:

Section 1. Provides that Karen Sosinski, who was employed as a teacher
by the Dunkirk City School District until April 3, 2014, shall be deemed
to have applied to the New York State Teachers' Retirement System for
disability retirement benefits within 30 days of her ceasing to be
employed on April 3, 2014.

Section 2. Provides that all costs associated with the implementation of
this act shall be borne by the employers of the members of the New York
State Teachers' Retirement System.

Section 3. Provides that the legislation shall take effect immediately.

 
JUSTIFICATION:

For reasons not ascribable to her own negligence, Karen Sosinski, a
vested member of the New York State Teachers' Retirement System, did not
apply for disability retirement benefits until October 26, 2015, after
the 12-month deadline to apply for disability retirement had lapsed.

Ms. Sosinski ceased her employment as a teacher with the Dunkirk City
School District on April 3, 2014. This legislation provides that she
shall have been deemed to have applied for disability retirement bene-
fits within 30 days of ceasing her employment on April 3, 2014.
Currently, Ms. Sosinski is eligible for a service retirement benefit
commencing at age 55.

 
PRIOR LEGISLATIVE HISTORY:

New Bill.

 
FISCAL IMPLICATIONS:

See Fiscal Note.

 
EFFECTIVE DATE:
This act shall take effect immediately.

2017-S6397A (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  6397--A
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               May 16, 2017
                                ___________
 
 Introduced  by  Sen.  YOUNG  -- read twice and ordered printed, and when
   printed to be committed to the Committee on Civil Service and Pensions
   -- recommitted to the Committee  on  Civil  Service  and  Pensions  in
   accordance  with  Senate  Rule 6, sec. 8 -- committee discharged, bill
   amended, ordered reprinted as amended and recommitted to said  commit-
   tee
 
 AN  ACT  to  authorize the New York state teachers' retirement system to
   accept an application for disability retirement  benefits  from  Karen
   Sosinski
 
   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 application for disability retirement benefits  of  Karen  Sosinski,
 who  was employed as a teacher by the Dunkirk city school district and a
 member of the New York state teachers' retirement system, who ceased her
 employment with the Dunkirk city school district on April 3,  2014,  and
 who,  for reasons not ascribable to her own negligence, did not apply to
 the New York state teachers' retirement system for disability retirement
 benefits until October 26, 2015, shall be deemed to have applied to  the
 New  York  state  teachers'  retirement system for disability retirement
 benefits within 30 days of her ceasing to be employed on April 3, 2014.
   § 2. All costs associated with the implementation of this act shall be
 borne by the employers of the members of the New  York  state  teachers'
 retirement system.
   § 3. This act shall take effect immediately.
   FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
   This  bill  concerns  Karen  Sosinski, a vested member of the New York
 State Teachers' Retirement System who ceased her employment as a teacher
 with the Dunkirk City School District on April  3,  2014,  and  did  not
 apply  for  disability retirement benefits until October 26, 2015, after
 the 12-month deadline to apply for disability retirement had lapsed. She
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

                                                            LBD10510-05-8

 S. 6397--A                          2
 
 shall be deemed to have applied for disability retirement benefits with-
 in 30 days of ceasing her employment on April  3,  2014.  Currently  Ms.
 Sosinski  is eligible for a service retirement benefit commencing at age
 55.
   The cost of this benefit is equal to the increase in the present value
 of  liabilities,  which  is estimated to be $131,000. This cost is to be
 borne by the employers of  members  of  the  New  York  State  Teachers'
 Retirement   System  and  is  contingent  upon  the  approval  of  Karen
 Sosinski's application for disability retirement by the Medical Board of
 the New York State Teachers' Retirement System.
   Member data is from  the  System's  most  recent  actuarial  valuation
 files,  consisting  of  data provided by the employers to the Retirement
 System. Data distributions and statistics can be found in  the  System's
 Comprehensive  Annual  Financial  Report  (CAFR).  System  assets are as
 reported in the System's financial statements, and can also be found  in
 CAFR.  Actuarial  assumptions  and  methods are provided in the System's
 Actuarial Valuation Report.
   The source of this estimate is Fiscal Note  2018-20  dated  April  27,
 2018  prepared by the Actuary of the New York State Teachers' Retirement
 System and is intended for use only during the 2018 Legislative Session.
 I, Richard A. Young, am the Actuary for the  New  York  State  Teachers'
 Retirement  System.  I  am a member of the American Academy of Actuaries
 and I meet the Qualification Standards of the American Academy of  Actu-
 aries to render the actuarial opinion contained herein.

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