Bill Text: NY S02777 | 2009-2010 | General Assembly | Amended
Bill Title: Authorizes Lawrence J. Russell to receive service credit in the New York state and local employees retirement system for the period of January 24, 1976 to January 6, 1977 because he was not included in the stipulation of settlement, A-391, between the Governor's Office of Employee Relations and the Public Employees Federation.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2010-03-22 - PRINT NUMBER 2777A [S02777 Detail]
Download: New_York-2009-S02777-Amended.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 2777--A 2009-2010 Regular Sessions I N S E N A T E March 2, 2009 ___________ Introduced by Sen. NOZZOLIO -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions -- recommitted to the Committee on Civil Service and Pensions in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said commit- tee AN ACT to authorize Lawrence J. Russell to receive 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 provision of law, Lawrence J. 2 Russell, registration number 1123153-7, who is a retired member of the 3 New York state and local employees' retirement system, and who was 4 employed by the New York state department of transportation and who 5 joined the New York state and local employees' retirement system on June 6 15, 1970, and was not included in the stipulation of settlement, A-391, 7 between the Governor's Office of Employee Relations and the Public 8 Employees Federation shall be entitled to receive retirement credit for 9 the period of January 24, 1976 to January 6, 1977 and shall have his 10 retirement benefit recalculated if on or before December 31, 2010, he 11 shall file a written request with the state comptroller. 12 S 2. All costs for service credited pursuant to this act shall be paid 13 by the state. 14 S 3. This act shall take effect immediately. FISCAL NOTE.-- This bill will allow Lawrence J. Russell, a retired member of the New York State and Local Employees' Retirement System and a former employee of the New York State Department of Transportation, retirement service credit for the period from January 24, 1976 to Janu- ary 6, 1977 when he was laid off from his employment with the Department of Transportation. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD00837-04-0 S. 2777--A 2 If this bill were enacted, we anticipate that there will be an immedi- ate past service cost of approximately $19,300, which will be borne by the State of New York as a one-time payment, assuming a March 1, 2011 payment date. This estimate, dated March 12, 2010, and intended for use only during the 2010 Legislative Session, is Fiscal Note No. 2010-119, prepared by the Actuary for the New York State and Local Employees' Retirement System.