Senate Bill S9982

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9982
 
                             I N  S E N A T E
 
                              April 20, 2026
                                ___________
 
 Introduced  by  Sen. TEDISCO -- read twice and ordered printed, and when
   printed to be committed to the Committee on Civil Service and Pensions
 
 AN ACT in relation to authorizing Kurt Nolan to receive  certain  credit
   under  sections  384-d and 384-e of the retirement and social security
   law
 
   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, Kurt Nolan,
 currently a part-time police officer with the village  of  Ballston  Spa
 police  department and member of the New York state and local police and
 fire retirement system covered by section 384-d of  the  retirement  and
 social  security  law,  who  from  June,  2010 through October, 2010 was
 employed as a deputy sheriff by the Saratoga  county  sheriff's  office,
 who  from October, 2010 through March, 2016 was employed as a university
 police inspector with the New York state university police, and who from
 March, 2016 through May, 2021 was employed as a university police  offi-
 cer  with the New York state university police, for reasons not ascriba-
 ble to his own negligence, was not granted service credit under sections
 384-d and 384-e of the retirement and social security law for his  peri-
 ods  of employment with the Saratoga county sheriff's office and the New
 York state university police, shall be granted such service credit under
 sections 384-d and 384-e of the retirement and social security  law  and
 shall be entitled to the full rights and benefits associated with cover-
 age under such sections, provided a request to that effect is filed with
 the  state  comptroller  within one year from the effective date of this
 act.
   § 2. All past service costs incurred in 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 grant service credit in sections 384-d  and  384-e  of
 the  retirement  and  social security law (RSSL) to Kurt Nolan, a Tier 5
 member of the New York State and Local Police and Fire Retirement System
 (NYSLPFRS) currently employed by the village  of  Ballston  Spa.  Credit
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD15292-03-6
 S. 9982                             2
 
 would be granted for the period of June 2010 through May 2021, while the
 member  was employed as a deputy sheriff, a university police inspector,
 and a university police officer, covered under section 551, Article  15,
 and section 383-d, respectively.
   This  bill  will  not  increase  the  village of Ballston Spa's annual
 contributions.
   Insofar as this bill affects NYSLPFRS, there will be an immediate past
 service cost of $202,000 borne by the state of New York  as  a  one-time
 payment. This cost assumes that payment will be made on March 1, 2027.
   Summary of relevant resources:
   Membership data as of March 31, 2025 was used to measure the impact of
 the  bill, the same data used in the Actuarial Valuations dated April 1,
 2025. Distributions and other statistics can be found in the 2025 Report
 of the Actuary and the 2025 Annual Comprehensive Financial  Report.  The
 actuarial  assumptions and methods used are described in the 2025 Annual
 Report to the Comptroller on Actuarial Assumptions, and the Codes, Rules
 and Regulations of the State of New York: Audit and  Control.  The  fair
 value  of assets and GASB disclosures can be found in the 2025 Financial
 Statements and Supplementary Information.
   Assumptions, demographics, and  other  considerations  may  have  been
 modified  to  better reflect specific provisions of any proposed benefit
 change(s).
   This fiscal note does not constitute a legal opinion on the  viability
 of the bill, nor is it intended to serve as a substitute for the profes-
 sional judgment of an attorney.
   This  estimate, dated April 15, 2026, and intended for use only during
 the 2026 Legislative Session, is Fiscal Note Number 2026-169.  As  Chief
 Actuary  of  the New York State and Local Retirement System (NYSLRS), I,
 Aaron Schottin Young, hereby certify that this  analysis  complies  with
 applicable  Actuarial  Standards  of  Practice  as  well  as the Code of
 Professional Conduct and Qualification Standards for  Actuaries  Issuing
 Statements of Actuarial Opinion of the American Academy of Actuaries, of
 which  I  am  a  member.  I  am a member of NYSLRS but do not believe it
 impairs my objectivity.