Bill Text: NY S05419 | 2011-2012 | General Assembly | Introduced

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Bill Title: Grants Danielle Galasso retroactive membership in the New York state and local employees' retirement system as Tier IV status.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2012-01-04 - REFERRED TO CIVIL SERVICE AND PENSIONS [S05419 Detail]

Download: New_York-2011-S05419-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
           S. 5419                                                  A. 7838
                              2011-2012 Regular Sessions
                             S E N A T E - A S S E M B L Y
                                     May 19, 2011
                                      ___________
       IN  SENATE  --  Introduced  by Sen. MARCELLINO -- read twice and ordered
         printed, and when printed to be committed to the  Committee  on  Civil
         Service and Pensions
       IN  ASSEMBLY  --  Introduced  by  M.  of  A.  MONTESANO -- read once and
         referred to the Committee on Governmental Employees
       AN ACT to grant Danielle Galasso a retroactive membership  date  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  provision  of  law  to  the  contrary,
    2  Danielle  Galasso, an employee of the town of Oyster Bay and a member of
    3  the New York state and  local  employees'  retirement  system,  who  was
    4  employed  by the town of Oyster Bay as a seasonal employee from July 10,
    5  2003 through September 30, 2003 and who, for reasons not  ascribable  to
    6  her  own negligence, failed to become a member of such retirement system
    7  during such employment by the town of  Oyster  Bay  in  2003,  shall  be
    8  deemed to have joined the New York state and local employees' retirement
    9  system  on  July  10,  2003  and shall be granted Tier IV status in such
   10  retirement system, if, within one year of the  effective  date  of  this
   11  act,  she  shall  file  a  written request to that effect with the state
   12  comptroller.
   13    S 2. All past service costs of implementing the provisions of this act
   14  shall be borne by the town of Oyster Bay.
   15    S 3. Notwithstanding any other provision of law, no employee  contrib-
   16  utions shall be returned to Danielle Galasso.
   17    S 4. This act shall take effect immediately.
         FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
         This  bill  will  deem Danielle Galasso to have become a member of the
       New York State and Local Employees' Retirement System on July 10,  2003,
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD10325-02-1
       S. 5419                             2                            A. 7838
       her  first  date  of  employment with the town of Oyster Bay, thereby by
       granting her Tier 4 status.
         If  this bill is enacted, we anticipate that there will be an increase
       in the annual contributions of the town of Oyster  Bay  for  the  fiscal
       year  ending  March 31, 2012 of approximately 3.0% of Danielle Galasso's
       annual compensation.
         Since the amount of this member's service credit is negligible,  there
       will be no past service cost.
         This  estimate,  dated  April 6, 2011 and intended for use only during
       the 2011 Legislative Session, is Fiscal Note No. 2011-157,  prepared  by
       the  Actuary  for  the  New  York  State and Local Employees' Retirement
       System.