Bill Text: NY A10611 | 2011-2012 | General Assembly | Introduced
Bill Title: Relates to granting George William Husing credit for prior service in the NYS and local employees' retirement system.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2012-06-08 - referred to governmental employees [A10611 Detail]
Download: New_York-2011-A10611-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
S. 7634 A. 10611
S E N A T E - A S S E M B L Y
June 8, 2012
___________
IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered print-
ed, and when printed to be committed to the Committee on Civil Service
and Pensions
IN ASSEMBLY -- Introduced by COMMITTEE ON RULES -- (at request of M. of
A. Losquadro) -- read once and referred to the Committee on Govern-
mental Employees
AN ACT in relation to granting George William Husing credit for prior
service 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, George
2 William Husing, who was employed as a lifeguard by the New York state
3 office of parks, recreation and historic preservation from June 18, 1955
4 until September 9, 1955, from June 17, 1956 until September 3, 1956, and
5 from July 20, 1957 until September 8, 1957, and for no reasons ascriba-
6 ble to his own negligence did not become a member of the New York state
7 and local employees' retirement system at the time of his hiring and who
8 is currently a retired member of the New York state teachers' retirement
9 system and shall be entitled to receive service credit in the New York
10 state teachers' retirement system and have his retirement benefit recal-
11 culated with such service credit, provided that an application is filed
12 with the head of the New York state teachers' retirement system within
13 one year from the effective date of this act.
14 S 2. All past service costs of implementing the provisions of this act
15 shall be borne by the New York state teachers' retirement system.
16 S 3. This act shall take effect immediately and shall apply to retire-
17 ment benefit payments made to George William Husing on or after the
18 effective date of this act.
FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
This bill would allow George William Husing, a retired member of the
New York State Teachers' Retirement System (NYSTRS), who was employed as
a lifeguard by the New York State office of Parks and Recreation and
Historic Preservation from June 18, 1955 until September 9, 1955, from
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD14741-04-2
S. 7634 2 A. 10611
June 17, 1956 until September 3, 1956, and from July 20, 1957 until
September 8, 1957 to receive service credit with NYSTRS for such employ-
ment. Mr. Husing's retirement benefit would be recalculated with this
additional service credit for retirement benefit payments made on or
after the effective date of this bill. Mr. Husing must file an applica-
tion with the head of the New York State Teachers' Retirement System
within one year of the effective date of this bill.
The cost of this benefit is equal to the increase in the present value
of liabilities, which is estimated to be $12,000.
The source of this estimate is Fiscal Note 2012-32 dated June 4, 2012
prepared by the Actuary of the New York State Teachers' Retirement
System and is intended for use only during the 2012 Legislative Session.
I, Richard A. Young, am the Actuary for the New York State Teachers'
Retirement System. I am a member of the American Academy of Actuaries
and I meet the Qualification Standards of the American Academy of Actu-
aries to render the actuarial opinion contained herein.
