Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 22, 2020 |
referred to governmental employees delivered to assembly passed senate ordered to third reading cal.940 |
Jul 21, 2020 |
reported and committed to rules |
Jul 20, 2020 |
reported and committed to finance |
Jul 18, 2020 |
committee discharged and committed to civil service and pensions |
Jul 01, 2020 |
referred to rules |
Senate Bill S8657
2019-2020 Legislative Session
Sponsored By
(D, WF) 4th Senate District
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
Votes
2019-S8657 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A10751
- Current Committee:
- Assembly Governmental Employees
- Law Section:
- Retirement
2019-S8657 (ACTIVE) - Sponsor Memo
BILL NUMBER: S8657 SPONSOR: MARTINEZ TITLE OF BILL: An act granting retroactive membership in the New York state and local employees' retirement system to Michael Posillico PURPOSE: To allow Michael Posillico a tier change SUMMARY OF PROVISIONS: Section 1. To allow Mr. Posillico to change his tier status from Tier V to Tier IV Section 2. Effective Date JUSTIFICATION: This legislation would grant Michael Posillico a tier change to his
2019-S8657 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8657 I N S E N A T E July 1, 2020 ___________ Introduced by Sen. MARTINEZ -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT granting retroactive membership in the New York state and local employees' retirement system to Michael Posillico 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, Michael Posillico, a member of the New York State and Local Police and Fire Retirement System, who was employed as a park attendant/dockworker by the town of Brookhaven as of May 6, 2002, who for reasons not ascribable to his own negligence, failed to become a member of the New York state and local employees' retirement system during such employment in the town of Brookhaven, shall be deemed to have joined the New York state and local employees' retirement system on May 6, 2002, and shall be granted Tier IV status in such retirement system, if, within one year of the effective date of this act, he shall file a written request with the state comptroller. § 2. All past service costs of implementing the provisions of this act shall be borne by the state of New York. § 3. This act shall take effect immediately. FISCAL NOTE.--Pursuant to Legislative Law, Section 50: This bill would provide Michael V. Posillico a date of membership of May 6, 2002 resulting in Tier 2 status in the New York State and Local Police and Fire Retirement System. The member is currently in Tier 5. If this bill is enacted during the 2020 legislative session, we antic- ipate that there will be an increase of approximately $4,200 in the annual contributions of Suffolk County for the fiscal year ending March 31, 2021. In future years, this cost will vary as the billing rates and salary of Michael V. Posillico change. In addition to the annual contributions discussed above, there will be an immediate past service cost of approximately $45,800 which will be borne by the State of New York as a one-time payment. This estimate is based on the assumption that payment will be made on March 1, 2021. Summary of relevant resources: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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