Senate Bill S1505B

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1505
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                             January 12, 2023
                                ___________
 
 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 to authorize Lois  J.  Reid  to  apply  for  ordinary  disability
   retirement  benefits  from  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, Lois J. Reid,
 who was employed by the Erie County Youth Board on March  6,  1970,  and
 who  was employed by the New York state department of social services on
 May 16, 1985, was a member of the New York state  and  local  employees'
 retirement  system  for  approximately  17.5  years,  was diagnosed with
 chronic fatigue syndrome in 1990, which is a  symptom  of  mitochondrial
 disease,  of  which  was  diagnosed on March 1, 2011, and which was only
 recently identified by the medical community, was declared to be totally
 and permanently disabled by the New  York  state  department  of  social
 services  in  1990,  and  who was declared to be totally and permanently
 disabled by the United States  social  security  administration  in  the
 early 1990s, and who was denied ordinary disability retirement benefits,
 shall  be allowed to reapply for ordinary disability retirement benefits
 from the New York state and local employees' retirement system  covering
 the  period from June 19, 1992 through March 1, 2003 if, within one year
 of the effective date of this act, she shall file a written  request  to
 that effect with the state comptroller.
   § 2. All costs associated with the implementation of this act shall be
 borne by the state.
   § 3. This act shall take effect immediately.
   FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
   This  bill would allow Lois J. Reid, a service retiree of the New York
 State and Local Employees' Retirement System with a date  of  retirement

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD00550-02-3
 S. 1505                             2
              

 
 of  March  1, 2003, to apply for a temporary ordinary disability retire-
 ment benefit for the period from June 19, 1992 through March 1, 2003.
   If  this bill is enacted during the 2023 legislative session, and Lois
 J. Reid is granted a temporary disability  benefit,  there  will  be  an
 immediate  past  service  cost  of  approximately $127,000 which will be
 borne by the State of New York as  a  one-time  payment.  This  estimate
 assumes that payment will be made on March 1, 2024.
   Summary of relevant resources:
   Membership  data as of March 31, 2022 was used in measuring the impact
 of the proposed change, the same data used in the April 1, 2022 actuari-
 al valuation. Distributions and other statistics can  be  found  in  the
 2022  Report  of the Actuary and the 2022 Annual Comprehensive Financial
 Report.
   The actuarial assumptions and methods used are described in the  2020,
 2021,  and  2022  Annual  Report to the Comptroller on Actuarial Assump-
 tions, 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, 2022
 New  York  State  and  Local  Retirement System Financial Statements and
 Supplementary Information.
   This fiscal note does not constitute a legal opinion on the  viability
 of  the  proposed change nor is it intended to serve as a substitute for
 the professional judgment of an attorney.
   This estimate, dated January 11,  2022,  and  intended  for  use  only
 during  the  2023  Legislative  Session,  is  Fiscal  Note  No. 2023-14,
 prepared by the Actuary for the New  York  State  and  Local  Retirement
 System.

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  1505--A
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                             January 12, 2023
                                ___________
 
 Introduced  by Sen. GALLIVAN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Civil Service and Pensions
   -- committee discharged, bill amended, ordered  reprinted  as  amended
   and recommitted to said committee
 
 AN  ACT  to  authorize  Lois  J.  Reid  to apply for ordinary disability
   retirement benefits from 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, Lois  J.  Reid,
 who  was  employed  by the Erie County Youth Board on March 6, 1970, and
 who was employed by the New York state department of social services  on
 May  16,  1985,  was a member of the New York state and local employees'
 retirement system for  approximately  17.5  years,  was  diagnosed  with
 chronic  fatigue  syndrome  in 1990, which is a symptom of mitochondrial
 disease, of which was diagnosed on March 1, 2011,  and  which  was  only
 recently identified by the medical community, was declared to be totally
 and  permanently  disabled  by  the  New York state department of social
 services in 1990, and who was declared to  be  totally  and  permanently
 disabled  by  the  United  States  social security administration in the
 early 1990s, and who was denied ordinary disability retirement benefits,
 shall be allowed to reapply for ordinary disability retirement  benefits
 from  the New York state and local employees' retirement system covering
 the period from June 19, 1992 through March 1, 2003 if, within one  year
 of  the  effective date of this act, she shall file a written request to
 that effect with the state comptroller.
   § 2. All costs associated with the implementation of this act shall be
 borne by the state.
   § 3. This act shall take effect immediately.
   FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD00550-03-3
 S. 1505--A                          2
              

 
   This bill would allow Lois J. Reid, a service retiree of the New  York
 State  and  Local Employees' Retirement System with a date of retirement
 of March 1, 2003, to apply for a temporary ordinary  disability  retire-
 ment benefit for the period from June 19, 1992 through March 1, 2003.
   If  this bill is enacted during the 2023 legislative session, and Lois
 J.  Reid is granted a temporary disability benefit,  there  will  be  an
 immediate  past  service  cost  of  approximately $127,000 which will be
 borne by the State of New York as  a  one-time  payment.  This  estimate
 assumes that payment will be made on March 1, 2024.
   Summary of relevant resources:
   Membership  data as of March 31, 2022 was used in measuring the impact
 of the proposed change, the same data used in the April 1, 2022 actuari-
 al valuation. Distributions and other statistics can  be  found  in  the
 2022  Report  of the Actuary and the 2022 Annual Comprehensive Financial
 Report.
   The actuarial assumptions and methods used are described in the  2020,
 2021,  and  2022  Annual  Report to the Comptroller on Actuarial Assump-
 tions, 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, 2022
 New  York  State  and  Local  Retirement System Financial Statements and
 Supplementary Information.
   This fiscal note does not constitute a legal opinion on the  viability
 of  the  proposed change nor is it intended to serve as a substitute for
 the professional judgment of an attorney.
   This estimate, dated January 11,  2023,  and  intended  for  use  only
 during  the  2023  Legislative  Session,  is  Fiscal  Note  No. 2023-14,
 prepared by the Actuary for the New  York  State  and  Local  Retirement
 System.