Bill Text: NY S05084 | 2017-2018 | General Assembly | Introduced

New York Senate Bill 5084 (Prior Session Legislation)

NOTE: There are more recent revisions of this legislation. Read Latest Draft

Bill Title: Grants Robert V. Vassallo, Sr. disability retirement from the state police.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2018-02-06 - PRINT NUMBER 5084A [S05084 Detail]

Download: New_York-2017-S05084-Introduced.html

                STATE OF NEW YORK
        ________________________________________________________________________
                                          5084
                               2017-2018 Regular Sessions
                    IN SENATE
                                      March 7, 2017
                                       ___________
        Introduced  by  Sen.  CROCI  -- read twice and ordered printed, and when
          printed to be committed to the Committee on Civil Service and Pensions
        AN ACT in relation to entitling Robert V. Vassallo, Sr. to reapply for a
          disability retirement from the New York state police
          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, Robert V.
     2  Vassallo, Sr., who was employed as a correction officer with the depart-
     3  ment of correctional services for the state of New York for approximate-
     4  ly one year beginning in 1968, and who  was  employed  as  a  correction
     5  officer  with  the department of correction for the city of New York for
     6  approximately one year until September 10, 1970, and who was employed as
     7  a police officer with the New York state parkway police for  the  period
     8  beginning  September  10,  1970  and ending January 1, 1980, and who was
     9  employed as a trooper with the New York  state  police  for  the  period
    10  beginning January 1, 1980 and ending March 1, 1990, and who was employed
    11  as  an investigator in the bureau of criminal investigation with the New
    12  York state police for the period beginning  March  1,  1990  and  ending
    13  September 13, 1997, and who, on January 14, 1991, was critically injured
    14  in an automobile accident while working undercover in an unmarked police
    15  car,  and,  as  a  result  of  such critical injuries has been unable to
    16  return to work with the New York state police, and who, for reasons  not
    17  ascribable  to  his own negligence, has been denied a disability retire-
    18  ment from the New York state police, and who, as of the  effective  date
    19  of  this  act,  is  on  regular service retirement, shall be entitled to
    20  reapply for a disability retirement from the New York state police if on
    21  or before December 31, 2018, he files a written request with  the  state
    22  comptroller to that effect.
    23    § 2. This act shall take effect immediately.
          FISCAL NOTE.--Pursuant to Legislative law, Section 50:
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06853-02-7

        S. 5084                             2
          This  bill will entitle Robert V. Vassallo, Sr., a service retiree who
        was formerly employed as a  police  officer  with  the  New  York  State
        Police,  to file an application to receive a disability benefit from the
        New York State and Local Police and Fire Retirement  System  instead  of
        his current service retirement benefit.
          If this bill is enacted, there will be no increase in the annual bene-
        fit paid by the System. Therefore, there would be no cost to the System.
          Summary of relevant resources:
          The  membership  date  used  in  measuring  the impact of the proposed
        change was the same as that used in the March 31, 2016  actuarial  valu-
        ation.    Distributions  and  other  statistics can be found in the 2016
        Report of the  Actuary  and  the  2016  Comprehensive  Annual  Financial
        Report.
          The  actuarial  assumptions and methods used are described in the 2015
        and 2016 Annual Report to the Comptroller on Actuarial Assumptions,  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, 2016
        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, date January 19, 2017, and intended for use only during
        the  2016  Legislative  Session, is Fiscal Note No. 2017-23, prepared by
        the Actuary for the New York State and Local Retirement System.