Bill Text: NY A06958 | 2017-2018 | General Assembly | Amended

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Bill Title: Authorizes Lois J. Reid to reapply for ordinary disability retirement benefits.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2018-06-05 - held for consideration in governmental employees [A06958 Detail]

Download: New_York-2017-A06958-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                         6958--A
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                     March 28, 2017
                                       ___________
        Introduced  by M. of A. WALTER, HAWLEY, WALLACE, DiPIETRO -- Multi-Spon-
          sored by -- M.  of A. SCHIMMINGER, WALKER -- read once and referred to
          the Committee on Governmental Employees -- recommitted to the  Commit-
          tee on Governmental Employees in accordance with Assembly Rule 3, sec.
          2  -- committee discharged, bill amended, ordered reprinted as amended
          and recommitted to said committee
        AN ACT to authorize Lois  J.  Reid  to  apply  for  ordinary  disability
          retirement  benefits  from  the  New  York  state and local employees'
          retirement system
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Notwithstanding any other provision of law, Lois J. Reid,
     2  who was employed by the Erie County Youth Board on March  6,  1970,  and
     3  who  was employed by the New York state department of social services on
     4  May 16, 1985, was a member of the New York state  and  local  employees'
     5  retirement  system  for  approximately  17.5  years,  was diagnosed with
     6  chronic fatigue syndrome in 1990, which is a  symptom  of  mitochondrial
     7  disease,  of  which  was  diagnosed on March 1, 2011, and which was only
     8  recently identified by the medical community, was declared to be totally
     9  and permanently disabled by the New  York  state  department  of  social
    10  services  in  1990,  and  who was declared to be totally and permanently
    11  disabled by the United States  social  security  administration  in  the
    12  early 1990s, and who was denied ordinary disability retirement benefits,
    13  shall  be allowed to reapply for ordinary disability retirement benefits
    14  from the New York state and local employees' retirement system  covering
    15  the  period from June 19, 1992 through March 1, 2003 if, within one year
    16  of the effective date of this act, she shall file a written  request  to
    17  that effect with the state comptroller.
    18    § 2. All costs associated with the implementation of this act shall be
    19  borne by the state.
    20    § 3. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00172-06-8
        A. 6958--A                          2
          Fiscal Note. -- Pursuant to Legislative Law, Section 50:
          This  bill  will allow Lois J. Reid, a service retiree of the New York
        State and Local Employees' Retirement System with a date  of  retirement
        of  March  1, 2003, to apply for a temporary ordinary disability retire-
        ment benefit for the period from June 19, 1992 through March 1, 2003.
          If this bill is enacted, and Lois J. Reid is granted a temporary disa-
        bility benefit, we anticipate that  there  will  be  an  immediate  past
        service  cost  of approximately $127,000. This cost will be borne by the
        State of New York as a one-time payment. This estimate is based  on  the
        assumption that payment will be made on March 1, 2019.
          Summary of relevant resources:
          The  membership  data  used  in  measuring  the impact of the proposed
        change was the same as that used in the March 31, 2017  actuarial  valu-
        ation.    Distributions  and  other  statistics can be found in the 2017
        Report of the  Actuary  and  the  2017  Comprehensive  Annual  Financial
        Report.
          The  actuarial assumptions and methods used are described in the 2015,
        2016, and 2017 Annual Report to the  Comptroller  on  Actuarial  Assump-
        tions,  and  the  Codes  Rules and Regulations of the State of New York:
        Audit and Control.
          The Market Assets and GASB Disclosures are found in the March 31, 2017
        New York State and Local  Retirement  System  Financial  Statements  and
        Supplementary Information.
          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 March 23, 2018, and intended for use only during
        the 2018 Legislative Session, is Fiscal Note No.  2018-81,  prepared  by
        the Actuary for the New York State and Local Retirement System.