Bill Text: NY S03924 | 2013-2014 | General Assembly | Amended
Bill Title: Authorizes Domingo Cabera to file a retroactive application for retirement with the New York state teachers' retirement system.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2014-01-08 - REFERRED TO CIVIL SERVICE AND PENSIONS [S03924 Detail]
Download: New_York-2013-S03924-Amended.html
S T A T E O F N E W Y O R K
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3924--A
Cal. No. 531
2013-2014 Regular Sessions
I N S E N A T E
February 27, 2013
___________
Introduced by Sen. STEWART-COUSINS -- read twice and ordered printed,
and when printed to be committed to the Committee on Civil Service and
Pensions -- reported favorably from said committee, ordered to first
and second report, ordered to a third reading, amended and ordered
reprinted, retaining its place in the order of third reading
AN ACT to authorize Domingo Cabrera to file a retroactive application
for retirement with the New York state teachers' 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 to the contrary,
2 Domingo Cabrera, a member of the New York state teachers' retirement
3 system, who ceased his employment as a teacher with the Mamaroneck union
4 free school district on January 2, 2009, because of mental illness, and
5 for reasons not ascribable to his own negligence did not file an appli-
6 cation to such system for disability retirement benefits until May 19,
7 2011, shall be deemed to have applied to the New York state teachers'
8 retirement system for disability retirement benefits within 30 days of
9 his ceasing to be employed on January 2, 2009.
10 S 2. All costs incurred in implementing the provisions of this act,
11 shall be borne by the New York state teachers' retirement system.
12 S 3. This act shall take effect immediately.
FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
This bill concerns Domingo Cabrera, a vested member of the New York
State Teachers' Retirement System who ceased his employment as a teacher
with the Mamaroneck Union Free School District on January 2, 2009
because of mental illness, and did not apply for disability retirement
benefits until May 19, 2011, after the 12 month deadline to apply for
disability had lapsed. He shall be deemed to have to applied for disa-
bility retirement benefits within 30 of ceasing his employment on Janu-
ary 2, 2009. As a vested member Mr. Cabrera is eligible for a service
retirement benefit commencing at age 55.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01788-05-3
S. 3924--A 2
The cost of this benefit is equal to the increase in the present value
of liabilities, which is estimated to be $139,000. This cost is contin-
gent upon the approval of Domingo Cabrera's application for disability
retirement by the Medical Board of the New York State Teachers' Retire-
ment System.
The source of this estimate is Fiscal Note 2013-6 dated February 7,
2013 prepared by the Actuary of the New York State Teachers' Retirement
System and is intended for use only during the 2013 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.
