Bill Text: NY S04163 | 2011-2012 | General Assembly | Amended
Bill Title: Authorizes the county of Erie to offer an optional twenty year retirement plan to deputy sheriff Thomas Van Wie.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2012-01-18 - PRINT NUMBER 4163B [S04163 Detail]
Download: New_York-2011-S04163-Amended.html
S T A T E O F N E W Y O R K
________________________________________________________________________
4163--A
2011-2012 Regular Sessions
I N S E N A T E
March 21, 2011
___________
Introduced by Sen. GALLIVAN -- read twice and ordered printed, and when
printed to be committed to the Committee on Civil Service and Pensions
-- committee discharged, bill amended, ordered reprinted as amended
and recommitted to said committee
AN ACT to authorize the county of Erie to offer an optional twenty year
retirement plan to deputy sheriff Thomas Van Wie
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 the county of Erie, a participating employer in the New York state and
3 local employees retirement system, which previously elected to offer the
4 optional twenty year retirement plan, established pursuant to section
5 552 of the retirement and social security law, and the additional
6 pension benefits to members of such plan, established pursuant to
7 section 553 of the retirement and social security law, to sheriffs,
8 under-sheriffs and deputy sheriffs employed by such county, is hereby
9 authorized to make participation in such plan and benefits available to
10 Thomas Van Wie, deputy sheriff employed by the county of Erie since
11 September 5, 2006 who, for reasons not ascribable to his own negligence,
12 failed to make a timely application to participate in such optional
13 twenty year retirement plan and the additional pension benefits there-
14 for. The county of Erie may so elect by filing with the state comp-
15 troller, on or before December 31, 2011, a resolution of its local
16 legislative body together with certification that such deputy sheriff
17 did not bar himself from participation in such retirement plan as a
18 result of his own negligence. Thereafter, such deputy sheriff may elect
19 to be covered by the provisions of sections 552 and 553 of the retire-
20 ment and social security law, and shall be entitled to the full rights
21 and benefits associated with coverage under such sections, by filing a
22 request to that effect with the state comptroller on or before June 30,
23 2012.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09635-06-1
S. 4163--A 2
1 S 2. All employer costs associated with implementing the provisions of
2 this act shall be borne by the county of Erie.
3 S 3. This act shall take effect immediately.
FISCAL NOTE.--This bill will allow Erie County to elect to reopen the
provisions of a 20 year retirement plan pursuant to Section 552 of the
Retirement and Social Security Law for sheriffs, undersheriffs and depu-
ty sheriffs. Affected members would also immediately become covered
under Section 553, which gives additional 60ths of final average salary
for each year of creditable service beyond 20 years.
If this bill is enacted, we anticipate that there will be an increase
of approximately $13,300 in the annual contributions of Erie County for
the fiscal year ending March 31, 2012.
In addition to the annual contributions discussed above, there will be
an immediate past service cost of approximately $15,100 which would be
borne by Erie County as a one-time payment. This estimate is based on
the assumption that payment will be made on February 1, 2012.
This estimate, dated March 16, 2011, and intended for use only during
the 2011 Legislative Session, is Fiscal Note No. 2011-137, prepared by
the Actuary for the New York State and Local Employees' Retirement
System.
