Bill Text: NY S05093 | 2009-2010 | General Assembly | Introduced

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Bill Title: Authorizes Faye Marie Mazzola to apply for retroactive membership and service credit in the New York state and local employees' retirement system for service performed as a seasonal employee for the town of Frankfort.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2010-01-06 - REFERRED TO CIVIL SERVICE AND PENSIONS [S05093 Detail]

Download: New_York-2009-S05093-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         5093
                              2009-2010 Regular Sessions
                                   I N  S E N A T E
                                    April 27, 2009
                                      ___________
       Introduced  by  Sen.  SEWARD -- read twice and ordered printed, and when
         printed to be committed to the Committee on Civil Service and Pensions
       AN ACT to authorize Faye Marie Mazzola to apply for retroactive  member-
         ship  and  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 law to the contrary, Faye Marie
    2  Mazzola, who was employed as a seasonal attendant by the town of  Frank-
    3  fort,  a  participating employer in the New York state and local employ-
    4  ees' retirement system, from July 28, 1958 until August 31,  1958,  from
    5  August  3,  1959  until September 4, 1959, and from August 1, 1960 until
    6  September 15, 1960, and who is currently a retired Tier 3 member of  the
    7  New  York  state  teachers'  retirement system, and who, for reasons not
    8  ascribable to her own negligence, failed to become a member of  the  New
    9  York  state and local employees' retirement system on July 28, 1958 when
   10  first employed by the town of Frankfort shall be deemed to have  been  a
   11  member  of  such  retirement system on the date she first commenced such
   12  employment having Tier 1 status, provided that an application  is  filed
   13  with  the  head of the New York State teachers' retirement system within
   14  one year from the effective date of this act.
   15    S 2. No contributions made to the New York state teachers'  retirement
   16  system  by  Faye Marie Mazzola shall be returned to her pursuant to this
   17  act.
   18    S 3. All past service costs of implementing the provisions of this act
   19  shall be borne by the town of Frankfort.
   20    S 4. This act shall take effect immediately.
         FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
         This bill would allow Faye Marie Mazzola, a retired Tier 3  member  of
       the  New York State Teachers' Retirement System, to be reclassified as a
       Tier 1 member. Her date of membership would be changed  based  upon  her
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD10618-03-9
       S. 5093                             2
       employment  as  a  seasonal attendant in 1958 for the Town of Frankfort.
       Additionally, Ms. Mazzola's pension would be recalculated with  retroac-
       tive  adjustment to payments made since her date of retirement of Decem-
       ber 31, 2007.
         The cost of this benefit is equal to the increase in the present value
       of  liabilities,  which  is  estimated  to be $38,000. The cost would be
       borne by the town of Frankfort.
         The source of this estimate is Fiscal Note  2009-51  dated  April  23,
       2009  prepared by the Actuary of the New York State Teachers' Retirement
       System and is intended for use only during the 2009 Legislative Session.