Bill Text: NY A02983 | 2017-2018 | General Assembly | Amended

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Bill Title: Relates to criminal justice faculty employed by a community college.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2018-05-15 - print number 2983b [A02983 Detail]

Download: New_York-2017-A02983-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                         2983--B
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                    January 23, 2017
                                       ___________
        Introduced  by  M. of A. ABBATE, BRABENEC, PELLEGRINO -- Multi-Sponsored
          by -- M. of A.  McDONOUGH, SOLAGES -- read once and  referred  to  the
          Committee on Governmental Employees -- recommitted to the Committee on
          Governmental  Employees  in accordance with Assembly Rule 3, sec. 2 --
          committee discharged, bill amended, ordered reprinted as  amended  and
          recommitted  to  said  committee -- again reported from said committee
          with amendments, ordered reprinted as amended and recommitted to  said
          committee
        AN  ACT  to amend the retirement and social security law, in relation to
          criminal justice faculty employed by a community college
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Section  211 of the retirement and social security law is
     2  amended by adding a new subdivision 9 to read as follows:
     3    9. Any person employed by a community  college  as  a  faculty  member
     4  under  a criminal justice program of the state university of New York or
     5  city university of New York who retired from public employment  while  a
     6  member  of  the  New  York  state  and  local police and fire retirement
     7  system, the New York city police pension fund, or the New York city fire
     8  department pension fund and who is  entitled  to  receive  a  retirement
     9  allowance  from such retirement system prior to the commencement date of
    10  such employment by a community college shall automatically be deemed  to
    11  have  been  granted  a waiver of retirement earnings limitation and such
    12  person may be employed by a community college without  loss,  suspension
    13  or  diminution  of his or her retirement allowance.  Any person employed
    14  by a community college as a faculty  member  under  a  criminal  justice
    15  program  of  the  state university of New York or city university of New
    16  York who has not retired as a member of the New  York  state  and  local
    17  police  and  fire  retirement  system,  the New York city police pension
    18  fund, or the New York city fire department pension fund shall not  auto-
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05989-07-8
        A. 2983--B                          2
     1  matically be deemed to have been granted a waiver of retirement earnings
     2  limitation.
     3    § 2. This act shall take effect immediately.
          FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
          This  bill will allow certain retirees of the New York State and Local
        Police and Fire Retirement System to work in a community  college  as  a
        faculty  member of a criminal justice program of the state university of
        New York or city university of New  York  without  loss,  suspension  or
        diminution of his or her retirement allowance.
          If  this bill is enacted, insofar as it will affect the New York State
        and Local Police and Fire Retirement System, we expect few  retirees  to
        be affected. There would be negligible additional annual costs.
          Summary of relevant resources:
          The  membership  data  used  in  measuring  the impact of the proposed
        change was the same as that used in the March 31, 2017  actuarial  valu-
        ation.    Distributions  and  other  statistics can be found in the 2017
        Report of the  Actuary  and  the  2017  Comprehensive  Annual  Financial
        Report.
          The  actuarial assumptions and methods used are described in the 2015,
        2016, and 2017 Annual Report to the  Comptroller  on  Actuarial  Assump-
        tions,  and  the  Codes  Rules and Regulations of the State of New York:
        Audit and Control.
          The Market Assets and GASB Disclosures are found in the March 31, 2017
        New York State and Local  Retirement  System  Financial  Statements  and
        Supplementary Information.
          I am a member of the American Academy of Actuaries and meet the Quali-
        fication Standards to render the actuarial opinion contained herein.
          This  estimate,  dated  November  15,  2017, and intended for use only
        during the 2018 Legislative Session, is Fiscal Note No. 2018-6, prepared
        by the Actuary for the New York State and Local Retirement System.