Assembly Actions -
Senate Actions - UPPERCASE
|May 23, 2023||
referred to civil service and pensions
Senate Bill S7407
2023-2024 Legislative Session
Current Bill Status - In Senate Committee Civil Service And Pensions Committee
- In Committee Assembly
- On Floor Calendar Assembly
- Passed Assembly
- Delivered to Governor
- Signed By Governor
2023-S7407 (ACTIVE) - Details
2023-S7407 (ACTIVE) - Summary
Authorizes Frank Smith, a New York city police detective, to receive accidental performance of duty disability retirement benefits for illness suffered as a result of exposure to disease during undercover assignments as a member of the police department of the city of New York.
2023-S7407 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7407 SPONSOR: LANZA TITLE OF BILL: An act to authorize Frank R. Smith to receive performance of duty disa- bility retirement benefits PURPOSE: To authorize Frank R. Smith to receive accidental performance of duty disability retirement benefits. SUMMARY PROVISIONS: Section one allows Frank Smith to retroactively receive an accidental performance of duty disability retirement benefit for undercover duties performed as a result of exposure to diseases during the course of his undercover police duties. Section two sets forth the disbursements of benefits and awards by all retirement systems Mr. Smith was a member of.
2023-S7407 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7407 2023-2024 Regular Sessions I N S E N A T E May 23, 2023 ___________ Introduced by Sen. LANZA -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions AN ACT to authorize Frank R. Smith to receive performance of duty disa- bility retirement benefits 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, Frank R. Smith, a retired member of the New York city police department, who joined the New York city employees retirement system on June 30, 1992 and who applied for accidental performance of duty disability retirement bene- fits based upon illnesses suffered as a result of exposure to diseases during the course of undercover duties performed beginning in August 2002, and who has had those benefits denied, shall be hereby awarded such benefits retroactively from his August 12, 2009 service retirement. § 2. The benefits and awards provided for under this act shall be paid for, and shared equally by, all public retirement systems, of which Frank R. Smith was a member. § 3. This act shall take effect immediately. FISCAL NOTE.--Pursuant to Legislative Law, Section 50: SUMMARY OF BILL: Police officer Frank R. Smith retired with an Ordi- nary Disability Retirement (ODR) from the New York City Police Pension Fund (POLICE) on August 12, 2009. This proposed legislation would reclassify Mr. Smith's benefit as an Accident Disability Retirement (ADR). The ADR benefit would be payable prospectively and retroactively to Mr. Smith's August 12, 2009 date of retirement. Effective Date: Upon enactment and retroactive to August 12, 2009. FINANCIAL IMPACT - PRESENT VALUES: Based on the actuarial assumptions and methods described herein, the enactment of this proposed legislation would increase the Present Value of Future Benefits (PVFB) and the Unfunded Accrued Liability (UAL) by approximately $1.2 million as of June 30, 2023. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08767-02-3
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