Bill Text: NY A06659 | 2011-2012 | General Assembly | Introduced

New York Assembly Bill 6659 (Prior Session Legislation)

Introduced

Bill Title: Permits David Macy to join the NYS state and local employees' retirement system and to obtain past service credit.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2012-01-04 - referred to governmental employees [A06659 Detail]

Download: New_York-2011-A06659-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         6659
                              2011-2012 Regular Sessions
                                 I N  A S S E M B L Y
                                    March 24, 2011
                                      ___________
       Introduced  by  M.  of  A.  GABRYSZAK  --  read once and referred to the
         Committee on Governmental Employees
       AN ACT in relation to permitting David Macy to join the state retirement
         system and to obtaining past service credits
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1. David Macy, an employee of Niagara Frontier Transportation
    2  Authority, shall be eligible to obtain retirement credit in the New York
    3  state and local employees' retirement system for previous service start-
    4  ing from January 1983 until March 1993, with  Niagara  Frontier  Transit
    5  Metro  System, Inc., a subsidiary of the Niagara Frontier Transportation
    6  Authority, in accordance with the  provisions  of  section  609  of  the
    7  retirement  and  social security law as if service with Niagara Frontier
    8  Transit Metro System, Inc., had been service with the  Niagara  Frontier
    9  Transportation Authority.
   10    S  2.  All  service  costs  incurred by the implementation of this act
   11  shall be borne by the Niagara Frontier Transportation Authority.
   12    S 3. This act shall take effect immediately.
         Fiscal Note.--This bill will allow David Macy, currently  employed  by
       the  Niagara  Frontier  Transportation  Authority, to receive creditable
       service in the New York State and Local Employees' Retirement System for
       the period from January, 1983 through March,  1993  for  his  employment
       with  the  Niagara  Frontier Transit Metro System, Inc., a subsidiary of
       the Niagara Frontier Transportation Authority.
         If this bill is enacted, we anticipate that there will be an immediate
       past service cost of approximately $217,000 which will be borne  by  the
       Niagara  Frontier  Transportation  Authority as a one-time payment. This
       estimate assumes a February 1, 2012 payment date.
         This estimate, dated March 18, 2011 and intended for use  only  during
       the  2011  Legislative Session, is Fiscal Note No. 2011-138, prepared by
       the Actuary for the New  York  State  and  Local  Employees'  Retirement
       System.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD09367-04-1