Bill Text: NY S01235 | 2019-2020 | General Assembly | Introduced

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

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2020-01-08 - REFERRED TO CIVIL SERVICE AND PENSIONS [S01235 Detail]

Download: New_York-2019-S01235-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          1235
                               2019-2020 Regular Sessions
                    IN SENATE
                                    January 11, 2019
                                       ___________
        Introduced  by  Sens. GALLIVAN, YOUNG -- read twice and ordered printed,
          and when printed to be committed to the Committee on Civil Service and
          Pensions
        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.
          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
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02876-02-9
        S. 1235                             2
        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, 2020.
          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, 2018 actuarial valu-
        ation.  Distributions and other statistics can  be  found  in  the  2018
        Report  of  the  Actuary  and  the  2018  Comprehensive Annual Financial
        Report.
          The actuarial assumptions and methods used are described in the  2015,
        2016,  2017  and  2018  Annual  Report  to  the Comptroller on Actuarial
        Assumptions, 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, 2018
        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 fiscal note does not constitute a legal opinion on the  viability
        of  the  proposed change nor is it intended to serve as a substitute for
        the professional judgment of an attorney.
          This estimate, dated January 3, 2019, and intended for use only during
        the 2019 Legislative Session, is Fiscal Note No. 2019-8, prepared by the
        Actuary for the New York State and Local Retirement System.