Bill Text: NY A00857 | 2015-2016 | General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Creates the Hudson River pilots surcharge board; provides that the board shall determine the rate of surcharge to be applied and benefits provided to Hudson River pilots.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2015-06-18 - substituted by s3951b [A00857 Detail]
Download: New_York-2015-A00857-Introduced.html
Bill Title: Creates the Hudson River pilots surcharge board; provides that the board shall determine the rate of surcharge to be applied and benefits provided to Hudson River pilots.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2015-06-18 - substituted by s3951b [A00857 Detail]
Download: New_York-2015-A00857-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 857 2015-2016 Regular Sessions I N A S S E M B L Y January 7, 2015 ___________ Introduced by M. of A. CAHILL -- Multi-Sponsored by -- M. of A. CUSICK -- read once and referred to the Committee on Transportation AN ACT to amend the navigation law, in relation to the creation of a Hudson River pilots surcharge board THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Paragraph (a) of subdivision 4 of section 89-a of the navi- 2 gation law, as added by chapter 197 of the laws of 1990, is amended to 3 read as follows: 4 (a) Every foreign vessel and every American vessel under register 5 navigating the waters of that portion of the Hudson river specified in 6 this section shall be subject to BASE pilotage [fees, at the] rates 7 hereinafter specified in this subdivision: 8 S 2. Subparagraph 1 of paragraph (b) of subdivision 4 of section 89-a 9 of the navigation law, as amended by chapter 392 of the laws of 2006, is 10 amended to read as follows: 11 (1) (I) All vessels of 100 pilotage units and over shall pay $12.17 12 per pilotage unit for Section 1, Lower River; Yonkers, to all ports 13 through Hyde Park. 14 The following charges shall be applicable to Section 1, Lower River: 15 Up to 50 pilotage units ........................................ $852.97 16 More than 50 and up to 100 pilotage units ..................... $1217.00 17 All vessels of 100 pilotage units and over shall pay ............ $17.19 18 per pilotage unit for Section 2, Upper River; Yonkers, to all ports 19 beyond Hyde Park through Albany or Troy. 20 The following charges shall be applicable to Section 2, Upper River: 21 Up to 50 pilotage units ....................................... $1406.05 22 More than 50 and up to 100 pilotage units ..................... $1719.00 23 A maximum charge of up to 500 pilotage units shall be applicable. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04664-01-5 A. 857 2 1 (II) TWELVE MONTHS AFTER THE EFFECTIVE DATE OF THIS CLAUSE THE FOLLOW- 2 ING BASE PILOTAGE RATES SHALL BE APPLICABLE: 3 ALL VESSELS OF 100 PILOTAGE UNITS AND OVER SHALL PAY $12.41 PER PILO- 4 TAGE UNIT FOR SECTION 1, LOWER RIVER; YONKERS, TO ALL PORTS THROUGH HYDE 5 PARK. 6 THE FOLLOWING BASE PILOTAGE RATES SHALL BE APPLICABLE TO SECTION 1, 7 LOWER RIVER: 8 UP TO 50 PILOTAGE UNITS ........................................ $870.03 9 MORE THAN 50 AND UP TO 100 PILOTAGE UNITS ..................... $1241.00 10 A MAXIMUM CHARGE OF UP TO 500 PILOTAGE UNITS 11 SHALL BE APPLICABLE. 12 ALL VESSELS OF 100 PILOTAGE UNITS AND OVER SHALL PAY A BASE PILOTAGE 13 RATE OF .......................................................... 17.53 14 PER PILOTAGE UNIT FOR SECTION 2, 15 UPPER RIVER; YONKERS, TO ALL PORTS BEYOND HYDE 16 PARK THROUGH ALBANY OR TROY. 17 THE FOLLOWING BASE PILOTAGE RATES SHALL BE APPLICABLE TO SECTION 2, 18 UPPER RIVER: 19 UP TO 50 PILOTAGE UNITS ....................................... $1434.17 20 MORE THAN 50 AND UP TO 100 PILOTAGE UNITS ..................... $1753.00 21 A MAXIMUM CHARGE OF UP TO 500 PILOTAGE UNITS SHALL BE APPLICABLE. 22 (III) TWENTY-FOUR MONTHS AFTER THE EFFECTIVE DATE OF THIS CLAUSE THE 23 FOLLOWING BASE PILOTAGE RATES SHALL BE APPLICABLE: 24 ALL VESSELS OF 100 PILOTAGE UNITS AND OVER SHALL PAY $12.66 PER PILO- 25 TAGE UNIT FOR SECTION 1, LOWER RIVER; YONKERS, TO ALL PORTS THROUGH HYDE 26 PARK. 27 THE FOLLOWING BASE PILOTAGE RATES SHALL BE APPLICABLE TO SECTION 1, 28 LOWER RIVER: 29 UP TO 50 PILOTAGE UNITS ........................................ $887.43 30 MORE THAN 50 AND UP TO 100 PILOTAGE UNITS ..................... $1266.00 31 A MAXIMUM CHARGE OF UP TO 500 PILOTAGE UNITS SHALL BE APPLICABLE. 32 ALL VESSELS OF 100 PILOTAGE UNITS AND OVER SHALL PAY A BASE PILOTAGE 33 RATE OF ......................................................... $17.88 34 PER PILOTAGE UNIT FOR SECTION 2, UPPER RIVER; YONKERS, TO ALL PORTS 35 BEYOND HYDE PARK THROUGH ALBANY OR TROY. 36 THE FOLLOWING BASE PILOTAGE RATES SHALL BE APPLICABLE TO SECTION 2, 37 UPPER RIVER: 38 UP TO 50 PILOTAGE UNITS ....................................... $1462.85 39 MORE THAN 50 AND UP TO 100 PILOTAGE UNITS ..................... $1788.00 40 A MAXIMUM CHARGE OF UP TO 500 PILOTAGE UNITS SHALL BE APPLICABLE. 41 (IV) THIRTY-SIX MONTHS AFTER THE EFFECTIVE DATE OF THIS CLAUSE THE 42 FOLLOWING BASE PILOTAGE RATES SHALL BE APPLICABLE: 43 ALL VESSELS OF 100 PILOTAGE UNITS AND OVER SHALL PAY $12.85 PER PILO- 44 TAGE UNIT FOR SECTION 1, LOWER RIVER; YONKERS, TO ALL PORTS THROUGH HYDE 45 PARK. 46 THE FOLLOWING BASE PILOTAGE RATES SHALL BE APPLICABLE TO SECTION 1, 47 LOWER RIVER: 48 UP TO 50 PILOTAGE UNITS ........................................ $900.74 49 MORE THAN 50 AND UP TO 100 PILOTAGE UNITS ..................... $1285.00 50 A MAXIMUM CHARGE OF UP TO 500 PILOTAGE UNITS SHALL BE APPLICABLE. 51 ALL VESSELS OF 100 PILOTAGE UNITS AND OVER SHALL PAY A BASE PILOTAGE 52 RATE OF ......................................................... $18.15 53 PER PILOTAGE UNIT FOR SECTION 2, UPPER RIVER; YONKERS, TO ALL PORTS 54 BEYOND HYDE PARK THROUGH ALBANY OR TROY. A. 857 3 1 THE FOLLOWING BASE PILOTAGE RATES SHALL BE APPLICABLE TO SECTION 2, 2 UPPER RIVER: 3 UP TO 50 PILOTAGE UNITS ....................................... $1484.48 4 MORE THAN 50 AND UP TO 100 PILOTAGE UNITS ..................... $1815.00 5 A MAXIMUM CHARGE OF UP TO 500 PILOTAGE UNITS SHALL BE APPLICABLE. 6 (V) FORTY-EIGHT MONTHS AFTER THE EFFECTIVE DATE OF THIS CLAUSE THE 7 FOLLOWING BASE PILOTAGE RATES SHALL BE APPLICABLE: 8 ALL VESSELS OF 100 PILOTAGE UNITS AND OVER SHALL PAY $13.07 PER PILO- 9 TAGE UNIT FOR SECTION 1, LOWER RIVER; YONKERS, TO ALL PORTS THROUGH HYDE 10 PARK. 11 THE FOLLOWING BASE PILOTAGE RATES SHALL BE APPLICABLE TO SECTION 1, 12 LOWER RIVER: 13 UP TO 50 PILOTAGE UNITS ........................................ $914.25 14 MORE THAN 50 AND UP TO 100 PILOTAGE UNITS ..................... $1307.00 15 A MAXIMUM CHARGE OF UP TO 500 PILOTAGE UNITS SHALL BE APPLICABLE. 16 ALL VESSELS OF 100 PILOTAGE UNITS AND OVER SHALL PAY A BASE PILOTAGE 17 RATE OF ......................................................... $18.42 18 PER PILOTAGE UNIT FOR SECTION 2, UPPER RIVER; YONKERS, TO ALL PORTS 19 BEYOND HYDE PARK THROUGH ALBANY OR TROY. 20 THE FOLLOWING BASE PILOTAGE RATES SHALL BE APPLICABLE TO SECTION 2, 21 UPPER RIVER: 22 UP TO 50 PILOTAGE UNITS ....................................... $1507.07 23 MORE THAN 50 AND UP TO 100 PILOTAGE UNITS ..................... $1842.00 24 A MAXIMUM CHARGE OF UP TO 500 PILOTAGE UNITS SHALL BE APPLICABLE. 25 S 3. Paragraph (b) of subdivision 4 of section 89-a of the navigation 26 law is amended by adding two new subparagraphs 1-b and 1-c to read as 27 follows: 28 (1-B) THERE IS HEREBY CREATED A HUDSON RIVER PILOTS SURCHARGE BOARD 29 WHICH SHALL DETERMINE THE RATE OF THE SURCHARGE PROVIDED IN SUBPARAGRAPH 30 ONE-C OF THIS PARAGRAPH. THE SURCHARGE BOARD SHALL DETERMINE ELIGIBILITY 31 FOR BENEFITS PURSUANT TO SUBDIVISIONS FIVE AND EIGHT OF THIS SECTION. 32 THE HUDSON RIVER PILOTS SURCHARGE BOARD SHALL CONSIST OF TWO MEMBERS 33 AS FOLLOWS: THE PRESIDENT OF THE BOARD OF COMMISSIONERS OF PILOTS OF THE 34 STATE OF NEW YORK, OR HIS OR HER DESIGNEE FROM THE BOARD OF COMMISSION- 35 ERS, AND THE PRESIDENT OF THE HUDSON RIVER PILOTS ASSOCIATION, OR HIS OR 36 HER DESIGNEE WHO MUST BE A MEMBER OF SUCH ASSOCIATION. IN THE EVENT THE 37 TWO MEMBERS CANNOT REACH A DECISION ON THE SURCHARGE RATE, A THIRD 38 MEMBER SHALL BE APPOINTED BY THE TWO MEMBERS FROM A LIST SUBMITTED BY 39 THE AMERICAN ARBITRATION ASSOCIATION FROM ITS LISTS OF COMMERCIAL ARBI- 40 TRATORS. IF, AFTER SUBMISSION OF SUCH A LIST, THE TWO MEMBERS OF THE 41 BOARD FAIL TO AGREE UPON A SINGLE ARBITRATOR AS THE THIRD MEMBER, THEN 42 THE AMERICAN ARBITRATION ASSOCIATION SHALL BE AUTHORIZED TO SELECT AND 43 SUBMIT THE NAME OF THE THIRD MEMBER FOR APPOINTMENT. SUCH THIRD MEMBER 44 SHALL BE APPOINTED WITHIN TEN DAYS OF A DEADLOCKED VOTE OF THE HUDSON 45 RIVER PILOTS SURCHARGE BOARD. SUCH MEMBERS SHALL VOTE AT MEETINGS CALLED 46 UPON WRITTEN NOTICE MAILED SEVEN CALENDAR DAYS IN ADVANCE OF THE MEET- 47 ING, TO DETERMINE THE RATE OF SURCHARGE, ASSISTED AS NECESSARY BY QUALI- 48 FIED ACTUARIES OR ACCOUNTANTS, AUTHORIZED IN CLAUSE (I) OF SUBPARAGRAPH 49 ONE-C OF THIS PARAGRAPH DURING EACH CALENDAR QUARTER IN TIME SUFFICIENT 50 FOR SUCH SURCHARGE TO BE IN EFFECT ON THE FOLLOWING JANUARY FIRST, APRIL 51 FIRST, JULY FIRST, AND OCTOBER FIRST OF EACH YEAR. WRITTEN NOTICE OF 52 MEETINGS MAY BE WAIVED IF DONE SO WITH UNANIMOUS CONSENT OF ALL BOARD 53 MEMBERS. MEMBERS OF THE HUDSON RIVER PILOTS SURCHARGE BOARD SHALL BE 54 SUBJECT TO SECTION SEVENTEEN OF THE PUBLIC OFFICERS LAW. 55 (1-C) (I) IN ADDITION TO THE BASE PILOTAGE CHARGE SET FORTH IN SUBPAR- 56 AGRAPH ONE OF THIS PARAGRAPH, THERE IS HEREBY ESTABLISHED A SURCHARGE ON A. 857 4 1 EVERY FOREIGN VESSEL AND EVERY AMERICAN VESSEL UNDER REGISTER NAVIGATING 2 THAT PORTION OF THE HUDSON RIVER SPECIFIED IN THIS SECTION. SUCH 3 SURCHARGE, AS DETERMINED QUARTERLY BY THE HUDSON RIVER PILOTS SURCHARGE 4 BOARD, SHALL BE IMPOSED FOR THE EXCLUSIVE PURPOSE OF THE FUNDING, ON A 5 SOUND ACTUARIAL BASIS, THE RETIREMENT BENEFITS FOR HUDSON RIVER PILOTS, 6 DESCRIBED IN CLAUSE (II) OF THIS SUBPARAGRAPH. 7 (II) THE AMOUNT OF THE SURCHARGE DESCRIBED IN CLAUSE (I) OF THIS 8 SUBPARAGRAPH SHALL BE COMPUTED AS FOLLOWS: 9 PILOTAGE UNITS SURCHARGE 10 0 TO 50 $113.00 11 51 TO 100 $138.00 12 OVER 100 $1.38 PER PILOT UNIT 13 DURING THE FIRST TWELVE MONTHS AFTER THE EFFECTIVE DATE OF THIS SUBPARA- 14 GRAPH. 15 THE AMOUNT OF THE SURCHARGE DESCRIBED IN CLAUSE (I) OF THIS SUBPARA- 16 GRAPH SHALL BE COMPUTED AS FOLLOWS: 17 PILOTAGE UNITS SURCHARGE 18 0 TO 50 $170.00 19 51 TO 100 $207.00 20 OVER 100 $2.07 PER PILOT UNIT 21 DURING THE PERIOD BEGINNING WITH THE THIRTEENTH MONTH AND ENDING WITH 22 THE TWENTY-FOURTH MONTH AFTER THE EFFECTIVE DATE OF THIS SUBPARAGRAPH. 23 THE AMOUNT OF THE SURCHARGE DESCRIBED IN CLAUSE (I) OF THIS SUBPARA- 24 GRAPH SHALL BE COMPUTED AS FOLLOWS: 25 PILOTAGE UNITS SURCHARGE 26 0 TO 50 $213.00 27 51 TO 100 $260.00 28 OVER 100 $2.60 PER PILOT UNIT 29 DURING THE PERIOD BEGINNING WITH THE TWENTY-FIFTH MONTH AND ENDING WITH 30 THE THIRTY-SIXTH MONTH AFTER THE EFFECTIVE DATE OF THIS SUBPARAGRAPH. 31 THE AMOUNT OF THE SURCHARGE DESCRIBED IN CLAUSE (I) OF THIS SUBPARA- 32 GRAPH SHALL BE COMPUTED AS FOLLOWS: 33 PILOTAGE UNITS SURCHARGE 34 0-50 $250.00 35 51-100 $305.00 36 OVER 100 $ 3.05 PER PILOT UNIT 37 DURING THE PERIOD BEGINNING WITH THE THIRTY-SEVENTH MONTH AND ENDING 38 WITH THE FORTY-EIGHTH MONTH AFTER THE EFFECTIVE DATE OF THIS SUBPARA- 39 GRAPH. 40 THE AMOUNT OF THE SURCHARGE DESCRIBED IN CLAUSE (I) OF THIS SUBPARA- 41 GRAPH SHALL BE COMPUTED AS FOLLOWS: 42 PILOTAGE UNITS SURCHARGE 43 0-50 $280.00 44 51-100 $341.00 45 OVER 100 $ 3.41 PER PILOT UNIT 46 DURING THE PERIOD BEGINNING WITH THE FORTY-NINTH MONTH AND ENDING WITH 47 THE SIXTIETH MONTH AFTER THE EFFECTIVE DATE OF THIS SUBPARAGRAPH. 48 (III) FOLLOWING THE SIXTIETH MONTH AFTER THE EFFECTIVE DATE OF THIS 49 SUBPARAGRAPH, THE AMOUNT OF THE SURCHARGE AS DETERMINED BY THE SURCHARGE 50 BOARD SHALL NOT EXCEED THE GREATER OF THIRTY-FIVE PERCENT OF THE SUM OF A. 857 5 1 THE BASE PILOTAGE CHARGES SET FORTH IN SUBPARAGRAPH ONE OF THIS PARA- 2 GRAPH FOR SECTION 2, UPPER RIVER; YONKERS, TO ALL PORTS BEYOND HYDE PARK 3 THROUGH ALBANY OR TROY, AS AMENDED; OR FIVE HUNDRED THOUSAND DOLLARS IN 4 ANY CALENDAR YEAR. THE SURCHARGE MAY BE ADJUSTED BY THE SURCHARGE BOARD 5 FROM THE EFFECTIVE DATE OF THIS SUBPARAGRAPH AS NEEDED BASED ON SOUND 6 ACTUARIAL PRINCIPLES. 7 (IV) THE SCALE OF CHARGES SET FORTH IN THIS SUBPARAGRAPH IS DEEMED A 8 PILOTAGE FEE AND SHALL BE SUBJECT TO THE PROVISIONS OF SECTION 9 NINETY-FIVE OF THIS ARTICLE. 10 (V) (A) THE PROCEEDS OF THE SURCHARGE PROVIDED FOR IN THIS SECTION 11 SHALL BE DEPOSITED IN AN ACCOUNT MAINTAINED BY THE HUDSON RIVER PILOTS 12 ASSOCIATION FOR THE BENEFIT OF HUDSON RIVER PILOTS ELIGIBLE FOR BENEFITS 13 AS PROVIDED IN THIS SECTION, FROM WHICH ACCOUNT ALL SUCH BENEFITS AND 14 THE REASONABLE EXPENSES FOR ADMINISTRATION THEREOF SHALL BE PAID. THE 15 MONIES ON DEPOSIT IN SUCH ACCOUNT SHALL BE REFERRED TO HEREAFTER AS THE 16 "RETIREMENT ASSETS". THE RETIREMENT ASSETS SHALL BE USED TO PAY A YEARLY 17 RETIREMENT BENEFIT TO (I) HUDSON RIVER PILOTS ACTIVE ON THE DATE PILO- 18 TAGE RATES ARE COMPUTED PURSUANT TO THIS SUBPARAGRAPH AND THEREAFTER, 19 UPON RETIREMENT ON OR AFTER THE AGE OF SIXTY; (II) RETIRED HUDSON RIVER 20 PILOTS OR HUDSON RIVER PILOTS RECEIVING BENEFITS ON THE EFFECTIVE DATE 21 OF THIS SECTION; AND (III) TO ELIGIBLE SURVIVING SPOUSES OF RETIRED 22 PILOTS. 23 (B) HUDSON RIVER PILOTS WHO ARE ALSO SANDY HOOK PILOTS ELIGIBLE TO 24 RECEIVE A FULL BRANCH RETIREMENT BENEFIT UNDER ITEM (B) OF SUBCLAUSE ONE 25 OF CLAUSE (II) OF SUBPARAGRAPH ONE OF PARAGRAPH (B) OF SUBDIVISION FOUR 26 OF SECTION EIGHTY-EIGHT OF THIS ARTICLE SHALL BE EXCLUDED FROM RECEIVING 27 ANY BENEFITS SPECIFIED IN SUBDIVISION FIVE OF THIS SECTION. 28 (C) NO INDIVIDUAL OTHER THAN THOSE SPECIFIED IN SUBCLAUSE (A) OF THIS 29 CLAUSE SHALL BE ELIGIBLE FOR BENEFITS PURSUANT TO THE SURCHARGE 30 DESCRIBED IN CLAUSE (I) OF THIS SUBPARAGRAPH WITHOUT THE APPROVAL OF THE 31 HUDSON RIVER PILOTS SURCHARGE BOARD. 32 (D) THE FUNDS GENERATED BY THE SURCHARGE IMPOSED BY CLAUSE (I) OF THIS 33 SUBPARAGRAPH SHALL BE ADMINISTERED BY THE EXECUTIVE COMMITTEE OF THE 34 HUDSON RIVER PILOTS ASSOCIATION, OR ANY SUCCESSORS THERETO. ANY FUNDS 35 GENERATED BY THE SURCHARGE IMPOSED BY CLAUSE (I) OF THIS SUBPARAGRAPH 36 WHICH EXCEED THE FUNDS DEEMED SUFFICIENT TO PROVIDE THE BENEFITS SET 37 FORTH IN ITEMS (I) AND (III) OF SUBCLAUSE (A) OF THIS CLAUSE SHALL BE 38 USED TO DEFRAY THE RETIREMENT BENEFITS SET FORTH IN THIS SUBCLAUSE. 39 (E) THE SURCHARGES PURSUANT TO CLAUSE (I) OF THIS SUBPARAGRAPH SHALL 40 BE COLLECTED BY THE AGENT OF THE HUDSON RIVER PILOTS. FUNDS GENERATED 41 FOR THESE PURPOSES SHALL BE AUDITED ANNUALLY BY THE SURCHARGE BOARD TO 42 ENSURE PROPER FUNDING FOR THE PURPOSES SET FORTH IN CLAUSE (I) OF THIS 43 SUBPARAGRAPH. 44 S 4. Section 89-a of the navigation law is amended by adding five new 45 subdivisions 5, 6, 7, 8 and 9 to read as follows: 46 5. EACH HUDSON RIVER PILOT WHO ENTERED SERVICE AFTER TWO THOUSAND FIVE 47 AS A HUDSON RIVER PILOT SHALL PARTICIPATE IN SUCH QUALIFIED RETIREMENT 48 PROGRAM AS ADOPTED BY EACH SUCH PILOT AND FUNDED BY SUCH PORTION OF THE 49 SURCHARGE ALLOCATED THERETO BY THE SURCHARGE BOARD TO PROVIDE A CONTRIB- 50 UTION OF AN AMOUNT EQUIVALENT TO TWELVE PERCENT OF THE EARNINGS FROM 51 SERVICE AS AN ACTIVE HUDSON RIVER PILOT BASED UPON THE BASE PILOTAGE 52 TARIFFS SET FORTH IN THIS PARAGRAPH. SUCH AMOUNT SHALL BE TRANSFERRED 53 DIRECTLY BY THE AGENT TO SUCH PILOT'S RETIREMENT ACCOUNT, IT BEING 54 UNDERSTOOD THAT SUCH PILOT'S ENTIRE RETIREMENT BENEFIT WILL BE PROVIDED 55 SOLELY BY THE ACCOUNT BALANCE OF SUCH RETIREMENT ACCOUNT ON THE DATE OF 56 RETIREMENT. IN ADDITION, SUCH SURCHARGE SHALL BE USED TO PURCHASE LIFE A. 857 6 1 AND DISABILITY INSURANCE COVERAGE FROM AN INSURANCE COMPANY SELECTED BY 2 THE BOARD. SUCH DISABILITY INSURANCE SHALL PROVIDE A DISABILITY BENEFIT 3 COMPUTED AS A SINGLE LIFE ANNUITY, EQUAL TO FIFTY PERCENT OF THE AMOUNT 4 WHICH IS EQUAL TO SUCH PILOT'S EARNINGS FROM SERVICE AS AN ACTIVE HUDSON 5 RIVER PILOT BASED UPON THE BASE PILOTAGE TARIFFS SET FORTH IN THIS PARA- 6 GRAPH DURING THE LAST FULL CALENDAR YEAR OF SERVICE AS AN ACTIVE HUDSON 7 RIVER PILOT PRIOR TO DISABILITY, UNTIL THE AGE OF SIXTY. IN THE EVENT 8 SUCH DISABILITY INSURANCE IS UNAVAILABLE, EACH SUCH PILOT ELIGIBLE FOR 9 SICK RETIREMENT BENEFITS SHALL RECEIVE, A YEARLY BENEFIT COMPUTED AS A 10 SINGLE LIFE ANNUITY EQUAL TO THE SUM OF TEN PERCENT OF THE AMOUNT WHICH 11 IS EQUAL TO THE EARNINGS FROM SERVICE AS AN ACTIVE HUDSON RIVER PILOT 12 BASED UPON THE PILOTAGE TARIFFS SET FORTH IN THIS PARAGRAPH DURING THE 13 LAST FULL CALENDAR YEAR OF SERVICE AS AN ACTIVE HUDSON RIVER PILOT PRIOR 14 TO DISABILITY AND ONE AND SIX-TENTHS PERCENT FOR EACH YEAR OF SERVICE 15 AFTER THE FIRST YEAR TO A MAXIMUM OF FIFTY PERCENT OF THE AMOUNT WHICH 16 IS EQUAL TO THE EARNINGS FROM SERVICE AS AN ACTIVE HUDSON RIVER PILOT 17 BASED UPON THE BASE PILOTAGE TARIFFS SET FORTH IN THIS PARAGRAPH DURING 18 THE LAST FULL CALENDAR YEAR OF SERVICE AS AN ACTIVE HUDSON RIVER PILOT 19 PRIOR TO DISABILITY, UNTIL THE AGE OF SIXTY. 20 6. HUDSON RIVER PILOTS WHO RETIRED BEFORE NINETEEN EIGHTY SHALL 21 RECEIVE AN ANNUAL RETIREMENT BENEFIT IN THE AMOUNT OF THIRTY-FOUR THOU- 22 SAND NINE HUNDRED NINETY-FIVE DOLLARS; THOSE WHO RETIRED FROM NINETEEN 23 EIGHTY-ONE THROUGH NINETEEN NINETY SHALL RECEIVE AN ANNUAL RETIREMENT 24 BENEFIT IN THE AMOUNT OF THIRTY-NINE THOUSAND NINE HUNDRED NINETY-FIVE 25 DOLLARS; THOSE WHO RETIRED FROM NINETEEN HUNDRED NINETY-ONE THROUGH TWO 26 THOUSAND SHALL RECEIVE AN ANNUAL RETIREMENT BENEFIT IN THE AMOUNT OF 27 FORTY-FOUR THOUSAND NINE HUNDRED NINETY-FOUR DOLLARS; THOSE WHO RETIRED 28 IN TWO THOUSAND ONE SHALL RECEIVE AN ANNUAL RETIREMENT BENEFIT IN THE 29 AMOUNT OF FIFTY-EIGHT THOUSAND FOUR HUNDRED NINETY-TWO DOLLARS; THOSE 30 WHO RETIRED IN TWO THOUSAND EIGHT SHALL RECEIVE AN ANNUAL RETIREMENT 31 BENEFIT IN THE AMOUNT OF FIFTY-NINE THOUSAND NINE HUNDRED NINETY-TWO 32 DOLLARS; THOSE WHO RETIRED IN TWO THOUSAND TEN SHALL RECEIVE AN ANNUAL 33 RETIREMENT BENEFIT IN THE AMOUNT OF FORTY-NINE THOUSAND NINE HUNDRED 34 NINETY-THREE DOLLARS; AN ACTIVE HUDSON RIVER PILOT WHO RETIRES BEFORE 35 TWO THOUSAND SIXTEEN AND HAS BEEN A HUDSON RIVER PILOT FOR THIRTY OR 36 MORE YEARS AND HAS REACHED THE AGE OF SIXTY-FIVE SHALL RECEIVE AN ANNUAL 37 RETIREMENT BENEFIT EQUAL TO SIXTY PERCENT OF THE HIGHEST ANNUAL EARNINGS 38 IN THE LAST THREE YEARS OF SERVICE AS A FULL BRANCH PILOT. 39 7. (A) A HUDSON RIVER PILOT ELIGIBLE FOR BENEFITS SET FORTH IN SUBDI- 40 VISION FIVE OF THIS SECTION, WHO RETIRES, SHALL NOT BE ENTITLED TO 41 COMMENCE RECEIVING BENEFITS UNTIL THE COMMENCEMENT OF THE BENEFIT 42 PAYMENT PERIOD NEXT FOLLOWING THE DATE ON WHICH SUCH PILOT RETIRED OR 43 BECAME ELIGIBLE FOR DISABILITY RETIREMENT BENEFITS. FOR ACCOUNTING 44 PURPOSES, THE BENEFIT PAYMENT PERIODS SHALL CONSIST OF A FULL CALENDAR 45 QUARTER COMMENCING ON JANUARY FIRST, APRIL FIRST, JULY FIRST, AND OCTO- 46 BER FIRST OF EACH YEAR, BUT THE FIRST PAYMENTS OF BENEFITS SHALL BE MADE 47 DURING THE MONTHS OF MARCH, JUNE, SEPTEMBER, AND DECEMBER. 48 (B) NO ACTIVE HUDSON RIVER PILOT SHALL COMMENCE RECEIVING BENEFITS 49 UNTIL A PROPERLY COMPLETED RESIGNATION AS AN ACTIVE PILOT SPECIFYING A 50 PROPOSED DATE OF RETIREMENT HAS BEEN SUBMITTED IN WRITING TO THE HUDSON 51 RIVER PILOTS EXECUTIVE COMMITTEE, OR SUCCESSOR THERETO, PRIOR TO NOVEM- 52 BER FIRST, IF RETIREMENT IS TO BECOME EFFECTIVE ON THE FIRST DAY OF THE 53 FOLLOWING JANUARY; PRIOR TO FEBRUARY FIRST, IF RETIREMENT IS TO BECOME 54 EFFECTIVE ON THE FIRST DAY OF THE FOLLOWING APRIL; PRIOR TO MAY FIRST, 55 IF RETIREMENT IS TO BECOME EFFECTIVE ON THE FIRST DAY OF THE FOLLOWING A. 857 7 1 JULY; AND, PRIOR TO AUGUST FIRST, IF RETIREMENT IS TO BECOME EFFECTIVE 2 ON THE FIRST DAY OF THE FOLLOWING OCTOBER. 3 (C) FOR THE PURPOSE OF THE COMPUTATIONS DESCRIBED IN SUBDIVISION FIVE 4 OF THIS SECTION, SERVICE BY A PILOT OF MORE THAN SIX MONTHS OF SUCH 5 PILOT'S LAST CALENDAR YEAR AS AN ACTIVE PILOT SHALL BE CONSIDERED A FULL 6 CALENDAR YEAR. 7 (D) IF A RETIRED HUDSON RIVER PILOT DIES WITHOUT A SURVIVING SPOUSE, 8 THE BALANCE OF THE YEARLY PENSION BENEFIT FOR THE REMAINDER OF THE BENE- 9 FIT PAYMENT PERIOD SHALL BE PAID TO THE DECEASED PILOT'S ESTATE OR 10 DESIGNATED BENEFICIARY AFTER WHICH ALL RIGHTS TO BENEFITS SHALL BE 11 TERMINATED. 12 8. (A) THE ELIGIBLE SURVIVING SPOUSE OF A HUDSON RIVER PILOT DESCRIBED 13 IN SUBDIVISION FIVE OF THIS SECTION WHO DIES WHILE IN ACTIVE SERVICE 14 SHALL RECEIVE A YEARLY PENSION BENEFIT EQUAL TO FIFTY PERCENT OF THE 15 AMOUNT WHICH SUCH DECEASED PILOT WOULD HAVE RECEIVED UNDER SUBDIVISION 16 FIVE OF THIS SECTION HAD RETIREMENT IMMEDIATELY PRECEDED THE DATE OF 17 DEATH. 18 (B) WITH RESPECT TO HUDSON RIVER PILOTS DESCRIBED IN SUBDIVISION FIVE 19 OF THIS SECTION, THE ELIGIBLE SURVIVING SPOUSE OF A DECEASED RETIRED 20 HUDSON RIVER PILOT RECEIVING RETIREMENT BENEFITS ON THE DATE OF DEATH, 21 SHALL RECEIVE A YEARLY BENEFIT EQUAL TO THE DECEASED PILOT'S BENEFIT FOR 22 THE REMAINDER OF THE BENEFIT PAYMENT PERIOD IN WHICH DEATH OCCURRED, AND 23 THEREAFTER FIFTY PERCENT OF THE AMOUNT RECEIVED BY THE DECEASED PILOT ON 24 THE DATE OF DEATH. 25 (C) UPON THE DEATH OF THE ELIGIBLE SURVIVING SPOUSE OF A DECEASED 26 HUDSON RIVER PILOT WHO WAS RECEIVING BENEFITS, THE BALANCE OF THE YEARLY 27 PENSION BENEFIT FOR THE REMAINDER OF THE BENEFIT PAYMENT PERIOD SHALL BE 28 PAID TO THE DECEASED SURVIVING SPOUSE'S ESTATE OR DESIGNATED BENEFICIARY 29 AFTER WHICH ALL RIGHTS TO BENEFITS SHALL TERMINATE. 30 9. A "HUDSON RIVER PILOT" FOR THE PURPOSES OF THIS SECTION IS DEFINED 31 AS AN INDIVIDUAL HOLDING A LICENSE TO ACT AS HUDSON RIVER PILOT FOR THE 32 WATERS OF THE HUDSON RIVER NORTH OF A LINE RUNNING FROM THE FOOT OF MAIN 33 STREET IN YONKERS TO ALPINE, NEW JERSEY AND SOUTH OF THE DAM AT TROY, 34 ISSUED BY THE BOARD OF COMMISSIONERS OF PILOTS OF THE STATE OF NEW YORK. 35 A "RETIRED HUDSON RIVER PILOT" FOR THE PURPOSES OF THIS SECTION IS A 36 PILOT WHO RETIRED FROM ACTIVE SERVICE IN THE HUDSON RIVER PILOTS ASSOCI- 37 ATION. AN "ELIGIBLE SURVIVING SPOUSE" FOR THE PURPOSES OF THIS SECTION 38 IS DEFINED AS A SPOUSE OF A DECEASED PILOT MARRIED AT LEAST ONE YEAR 39 PRIOR TO THE DATE OF DEATH OF THE DECEASED PILOT. 40 S 5. This act shall take effect on the ninetieth day after it shall 41 have become a law.