Bill Text: NY S05399 | 2009-2010 | General Assembly | Introduced
Bill Title: Grants Tier 1 status in the New York state and local employees' retirement system to Lynn Levin.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2010-01-06 - REFERRED TO CIVIL SERVICE AND PENSIONS [S05399 Detail]
Download: New_York-2009-S05399-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 5399 2009-2010 Regular Sessions I N S E N A T E April 27, 2009 ___________ Introduced by Sen. FUSCHILLO -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions AN ACT in relation to granting Tier 1 status in the New York state and local employees' retirement system to Lynn Levin 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, Lynn Levin, who 2 is currently a member of the New York state and local employees' retire- 3 ment system, and who currently is a uniformed senior court officer, but 4 who worked for the New York city department of health and mental hygiene 5 from June 29, 1973 until a later date in 1973 and again from March 18, 6 1974 until a later date in 1974 and who for reasons not ascribable to 7 her own negligence, did not enroll in the New York city employees' 8 retirement system at such time, and who subsequently enrolled in the New 9 York state and local employees' retirement system in 1978, shall be 10 deemed to have joined the New York state and local employees' retirement 11 system on June 29, 1973 provided she files a written request with the 12 administrative head of the retirement system on or before the thirty- 13 first day of December next succeeding the date on which this act shall 14 become law. 15 S 2. This act shall take effect immediately. FISCAL NOTE.--Pursuant to Legislative Law, section 50: This bill will deem Lynn Levin, a uniformed senior court officer, to have become a member of the New York State and Local Employees' Retire- ment System on June 29, 1973, thereby granting her Tier 1 status. This bill will provide for the return of member contributions to Lynn Levin. If this bill is enacted, we anticipate that there will be an increase of approximately $900 in the annual contributions or the State of New York. In addition to the annual contributions discussed above, there will be a immediate past service cost of approximately $162,000 which will be EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11505-02-9 S. 5399 2 shared by the State of New York and all the participating employers in the New York State and Local Employees' Retirement System. This estimate, dated April 30, 2009 and intended for use only during the 2009 Legislative Session, is Fiscal Note No. 2009-235, prepared by the Actuary for the New York State and Local Employees' Retirement System.