Bill Text: NY A08000 | 2009-2010 | General Assembly | Introduced

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Bill Title: Authorizes Faye Marie Mazzola to apply for retroactive membership and service credit in the New York state and local employees' retirement system for service performed as a seasonal employee for the town of Frankfort.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2010-05-18 - held for consideration in governmental employees [A08000 Detail]

Download: New_York-2009-A08000-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         8000
                              2009-2010 Regular Sessions
                                 I N  A S S E M B L Y
                                      May 1, 2009
                                      ___________
       Introduced by M. of A. BUTLER -- read once and referred to the Committee
         on Governmental Employees
       AN  ACT to authorize Faye Marie Mazzola to apply for retroactive member-
         ship and service credit in 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 law to the contrary,  Faye  Marie
    2  Mazzola,  who was employed as a seasonal attendant by the town of Frank-
    3  fort, a participating employer in the New York state and  local  employ-
    4  ees'  retirement  system, from July 28, 1958 until August 31, 1958, from
    5  August 3, 1959 until September 4, 1959, and from August  1,  1960  until
    6  September  15, 1960, and who is currently a retired Tier 3 member of the
    7  New York state teachers' retirement system, and  who,  for  reasons  not
    8  ascribable  to  her own negligence, failed to become a member of the New
    9  York state and local employees' retirement system on July 28, 1958  when
   10  first  employed  by the town of Frankfort shall be deemed to have been a
   11  member of such retirement system on the date she  first  commenced  such
   12  employment  having  Tier 1 status, provided that an application is filed
   13  with the head of the New York State teachers' retirement  system  within
   14  one year from the effective date of this act.
   15    S  2. No contributions made to the New York state teachers' retirement
   16  system by Faye Marie Mazzola shall be returned to her pursuant  to  this
   17  act.
   18    S 3. All past service costs of implementing the provisions of this act
   19  shall be borne by the town of Frankfort.
   20    S 4. This act shall take effect immediately.
         FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
         This  bill  would allow Faye Marie Mazzola, a retired Tier 3 member of
       the New York State Teachers' Retirement System, to be reclassified as  a
       Tier  1  member.  Her date of membership would be changed based upon her
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD10618-03-9
       A. 8000                             2
       employment as a seasonal attendant in 1958 for the  Town  of  Frankfort.
       Additionally,  Ms. Mazzola's pension would be recalculated with retroac-
       tive adjustment to payments made since her date of retirement of  Decem-
       ber 31, 2007.
         The cost of this benefit is equal to the increase in the present value
       of  liabilities,  which  is  estimated  to be $38,000. The cost would be
       borne by the town of Frankfort.
         The source of this estimate is Fiscal Note  2009-51  dated  April  23,
       2009  prepared by the Actuary of the New York State Teachers' Retirement
       System and is intended for use only during the 2009 Legislative Session.