Bill Text: NY S04146 | 2009-2010 | General Assembly | Introduced

New York Senate Bill 4146 (Prior Session Legislation)

Introduced

Bill Title: Grants tier 2 status in the New York state and local employees' retirement system to Noreen A. Porfirio.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2010-01-06 - REFERRED TO CIVIL SERVICE AND PENSIONS [S04146 Detail]

Download: New_York-2009-S04146-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         4146
                              2009-2010 Regular Sessions
                                   I N  S E N A T E
                                    April 14, 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 in relation to granting tier 2 status in the New York  state  and
         local employees' retirement system to Noreen A. Porfirio
         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  Noreen A. Porfirio, who was employed by the New York state department of
    3  taxation and finance commencing March 2, 1976, who is currently a member
    4  of the New York state and local employees' retirement system,  and  who,
    5  through  no  fault of her own negligence, did not become a member of the
    6  New York state and local employees' retirement system on March  2,  1976
    7  when  first employed by the state, shall be deemed to have been a member
    8  of the New York state and local employees'  retirement  system  on  such
    9  date  she  commenced  employment  with  the state, having tier 2 status,
   10  provided that she files an application to that  effect  with  the  state
   11  comptroller within one year from the effective date of this act.
   12    S  2.  Any past service costs incurred as a result of the enactment of
   13  this act shall be borne by the state of New York.
   14    S 3. This act shall take effect immediately.
         FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
         This bill would grant Noreen A. Porfirio Tier 2 status in the New York
       State and Local Employees' Retirement System by  changing  her  date  of
       membership  to  March 2, 1976. There will be a refund of member contrib-
       utions.
         If this bill is enacted, we anticipate that there will be an  increase
       of  approximately  $700  in the annual contributions of the State of New
       York.
         In addition to the annual contributions discussed above, there will be
       an immediate past service cost of approximately $50,200 which  would  be
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD10735-02-9
       S. 4146                             2
       borne  by  the State of New York as a one-time payment. This estimate is
       based on the assumption that payment will be made on March 1, 2010.
         This  estimate,  dated  April 9, 2009 and intended for use only during
       the 2009 Legislative Session, is Fiscal Note No. 2009-209,  prepared  by
       the Actuary for the New York State & Local Employees' Retirement System.