Bill Text: NY S05615 | 2011-2012 | General Assembly | Introduced
Bill Title: Authorizes the deferral of up to five vacation days per year for state correction officers and security hospital treatment assistants and the receipt of a lump sum payment equal to the value of the time deferred upon retirement.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2012-02-28 - PRINT NUMBER 5615A [S05615 Detail]
Download: New_York-2011-S05615-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 5615 2011-2012 Regular Sessions I N S E N A T E June 7, 2011 ___________ Introduced by Sen. GOLDEN -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions AN ACT to amend the retirement and social security law, in relation to the deferral of vacation days for certain members of the retirement system THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Section 89 of the retirement and social security law is 2 amended by adding a new subdivision l to read as follows: 3 L. NOTWITHSTANDING THE PROVISIONS OF ANY GENERAL, SPECIAL OR LOCAL 4 LAW, CODE, RESOLUTION OR CHARTER TO THE CONTRARY, UNIFORMED PERSONS, 5 UNIFORMED PERSONNEL, OR SECURITY HOSPITAL TREATMENT ASSISTANTS AS 6 DEFINED IN SUBDIVISION I OF THIS SECTION SHALL BE AFFORDED THE OPTION 7 OF POSTPONING THE USE OF UP TO FIVE VACATION DAYS PER YEAR AND TAKING A 8 MONETARY PAYMENT IN LIEU THEREOF ON THE DATE OF RETIREMENT AT THE PAY 9 RATE APPLICABLE TO SUCH MEMBER ON THE DATE OF SUCH MEMBER'S RETIREMENT. 10 SUCH MONETARY PAYMENT SHALL NOT BE UTILIZED IN THE DETERMINATION OF 11 FINAL AVERAGE SALARY FOR ANY SUCH MEMBER WHO SO ELECTS TO POSTPONE VACA- 12 TION DAYS PURSUANT TO THIS SUBDIVISION. ANY SUCH MEMBER WISHING TO POST- 13 PONE THE USE OF VACATION DAYS PURSUANT TO THIS SUBDIVISION SHALL ELECT 14 SUCH POSTPONEMENT ON AN ANNUAL BASIS BY CERTIFYING TO THE DIRECTOR OF 15 PERSONNEL OF HIS OR HER RESPECTIVE EMPLOYER OF HIS OR HER INTENTION TO 16 DO SO IN SUCH MANNER AND FORM AS THE RESPECTIVE DIRECTOR SHALL SO 17 REQUIRE. 18 S 2. This act shall take effect immediately. FISCAL NOTE.--Pursuant to Legislative Law, Section 50: This bill would allow State Correction Officers and Security Hospital Treatment Assistants to postpone up to 5 days of vacation per year and take monetary payment in lieu thereof on the date of retirement. If this bill is enacted, affected members would become eligible for increased lump sum payments at retirement. The additional payment may EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11803-02-1 S. 5615 2 not be included in the members' final average salary. Therefore, this legislation does not change any benefit calculations of the New York State and Local Employees' Retirement System (ERS), and there would not be a cost to ERS. This estimate, dated May 12, 2011, and intended for use only during the 2011 Legislative Session, is Fiscal Note No. 2011-184, prepared by the Actuary for the New York State and Local Employees' Retirement System.