Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 09, 2020 |
referred to governmental employees |
Assembly Bill A10760
2019-2020 Legislative Session
Sponsored By
JAFFEE
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
Actions
2019-A10760 (ACTIVE) - Details
2019-A10760 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 10760 I N A S S E M B L Y July 9, 2020 ___________ Introduced by COMMITTEE ON RULES -- (at request of M. of A. Jaffee) -- read once and referred to the Committee on Governmental Employees AN ACT in relation to authorizing Harvey Eilbaum to file a request for change of beneficiary with the New York state and local employees' retirement system 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, Harvey Eilbaum, who is currently a member of the New York state and local employees' retirement system, who retired from the Rockland county district attor- ney's office on May 21, 2004, shall be authorized to change his named beneficiary to Janice Eilbaum, if within one year of the effective date of this act, he shall file a written request on a form prescribed by the New York state and local employees' retirement system with the head of said retirement system. § 2. This act shall take effect immediately. FISCAL NOTE.--Pursuant to Legislative Law, Section 50: This bill would authorize Harvey Eilbaum, a retiree of the New York State and Local Employees' Retirement System (ERS), to change his named beneficiary to Janice Eilbaum. If this bill is enacted during the 2020 legislative session, there will be an immediate past service cost of approximately $20,800 that would be shared by the State of New York and all participating employers in the ERS. 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, 2019 actuarial valu- ation. Distributions and other statistics can be found in the 2019 Report of the Actuary and the 2019 Comprehensive Annual Financial Report. The actuarial assumptions and methods used are described in the 2015, 2016, 2017, 2018, and 2019 Annual Report to the Comptroller on Actuarial Assumptions, and the Codes, Rules and Regulations of the State of New York: Audit and Control. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.