Bill Text: NY A04607 | 2013-2014 | General Assembly | Introduced
Bill Title: Authorizes retired firefighters to be employed as fire science instructors by career and technical education centers without reduction of their retirement benefits.
Sponsorship: Strong Partisan Bill (Republican 12-1)
Status: (Introduced - Dead) 2013-02-06 - referred to governmental employees [A04607 Detail]
Download: New_York-2013-A04607-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
4607
2013-2014 Regular Sessions
I N A S S E M B L Y
February 6, 2013
___________
Introduced by M. of A. RABBITT, McDONOUGH, MONTESANO, CROUCH, GRAF,
SALADINO, HAWLEY, FINCH, TENNEY, WALTER -- Multi-Sponsored by -- M. of
A. CRESPO, McLAUGHLIN, RA -- read once and referred to the Committee
on Governmental Employees
AN ACT to amend the retirement and social security law, in relation to
authorizing retired firefighters to be employed as instructor of fire
sciences by a career and technical education center without diminution
of his or her retirement benefits
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. The retirement and social security law is amended by adding
2 a new section 214-c to read as follows:
3 S 214-C. EMPLOYMENT OF CERTAIN RETIRED PERSONS WHO RETIRED FROM FIRE
4 SERVICE. NOTWITHSTANDING THE PROVISIONS OF THIS CHAPTER OR THE
5 PROVISIONS OF ANY STATE OR LOCAL LAW OR CHARTER TO THE CONTRARY, NO
6 RETIRED PERSON WHO RETIRED FROM FIRE SERVICE AS A MEMBER OF THE NEW YORK
7 STATE AND LOCAL POLICE AND FIRE RETIREMENT SYSTEM OR THE NEW YORK FIRE
8 DEPARTMENT PENSION FUND, AND WHO IS EMPLOYED BY A CAREER AND TECHNICAL
9 EDUCATION CENTER AS AN INSTRUCTOR IN A FIRE SCIENCE PROGRAM APPROVED BY
10 THE EDUCATION DEPARTMENT, SHALL HAVE HIS OR HER RETIREMENT ALLOWANCE OR
11 BENEFITS SUSPENDED OR REDUCED BECAUSE OF COMPENSATION EARNED BY SUCH
12 RETIRED PERSON FROM SERVICE AS A FIRE SCIENCE INSTRUCTOR.
13 S 2. This act shall take effect immediately.
FISCAL NOTE.--This bill would allow retired firefighters of the New
York State and Local Police and Fire Retirement System or the New York
City Fire Department Pension Fund to work as a fire science instructor
in a program approved by the New York State Department of Education and
to continue to receive their retirement benefit.
If this bill is enacted, insofar as it will affect the New York State
and Local Police and Fire Retirement System, we expect few retirees to
be affected. There would be negligible additional annual costs.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01352-02-3
A. 4607 2
Summary of relevant resources:
Data: March 31, 2012 Actuarial Year End File with distributions of
membership and other statistics displayed in the 2012 Report of the
Actuary and 2012 Comprehensive Annual Financial Report.
Assumptions and Methods: 2010, 2011 and 2012 Annual Report to the
Comptroller on Actuarial Assumptions, Codes Rules and Regulations of the
State of New York: Audit and Control.
Market Assets and GASB Disclosures: March 31, 2012 New York State and
Local Retirement System Financial Statements and Supplementary Informa-
tion.
Valuations of Benefit Liabilities and Actuarial Assets: summarized in
the 2012 Actuarial Valuations report.
I am a member of the American Academy of Actuaries and meet the Quali-
fication Standards to render the actuarial opinion contained herein.
This estimate, dated January 29, 2013 and intended for use only during
the 2013 Legislative Session, is Fiscal Note No. 2013-74, prepared by
the Actuary for the New York State and Local Police and Fire Retirement
System.
