S5668-2011 Actions

• Jun 22, 2011: SUBSTITUTED BY A8270
• Jun 22, 2011: ORDERED TO THIRD READING CAL.1501
• Jun 22, 2011: COMMITTEE DISCHARGED AND COMMITTED TO RULES
• Jun 9, 2011: REFERRED TO CIVIL SERVICE AND PENSIONS

S5668-2011 Meetings

S5668-2011 Calendars

S5668-2011 Votes

S5668-2011 Memo

BILL NUMBER:S5668

TITLE OF BILL:
An act
to authorize the Town of Kent, in the county of
Putnam, to offer certain retirement options to
police officer Jerry R. Raneri

PURPOSE OR GENERAL IDEA OF BILL:
The purpose allows the Town of Kent
to re-open the optional retirement plan offered under Section 384-d
of the Retirement and Social Security law to Police Sergeant Raneri.

SUMMARY OF SPECIFIC PROVISIONS:
Section 1: The Town of Kent is authorized to make the participation in
the optional twenty year retirement plan, established pursuant to
section 384-d of the retirement and social security law, available to
Jerry R. Raneri, a police sergeant employed by the Town of Kent.
Jerry R. Raneri, a police sergeant employed by the Town of Kent, who,
on the effective date of this act is covered under provisions of
section 375-i of the retirement and social security law, and who, for
reasons not ascribable to his own negligence failed to make a timely
application to participate in such optional retirement plan.

The Town of Kent may so elect by filing with the state comptroller, on
or before, December 31, 2011, a resolution of its legislative body
together with certification that the police officer did not bar
himself from participation in such retirement plan as a result of his
own negligence. Thereafter, such police officer may elect to be
covered by the provisions of section 384-d of the retirement and
social security law, and shall be entitled to the full rights and
benefits associated with the coverage under such section, by filing a
request to that effect with the state comptroller on or before June
30, 2012.

Section 2: All past service costs associated with the implication of
this provision shall be borne by the Town of Kent.

JUSTIFICATION:
This legislation is necessary to allow the Town of Kent
to make participation in plan 354-d of the New York State and Local
Police and Fire Retirement System available to police sergeant Jerry
R. Raneri, who through no fault of his own failed to make a timely
application to participate in such an optional retirement plan.

PRIOR LEGISLATIVE HISTORY:
A.10629-A and S.7620-A of 2009/2010

FISCAL IMPLICATIONS:
If the legislation is enacted during the 2011
legislative session, there will be an increase of $6,300 in annual
contributions of the Town of Kent for the fiscal year ending March
31, 2012.

In addition to the annual contributions stated in above paragraph,
there will be an immediate past service cost of approximately $29,100


which will be borne by the Town of Kent as a one-time payment. This
estimate assumes that payment will be made on February 1,2012.

This estimate, dated June 7, 2011, and intended for use only during
the 2011 legislative Session is Fiscal Note No. 2011-194, prepared
by the Actuary for the New York State and Local Police and Fire
Retirement System."

EFFECTIVE DATE:
This act shall take effect immediately.

S5668-2011 Text

 S T A T E   O F   N E W   Y O R K
 
 S. 5668                                                  A. 8270
 2011-2012 Regular Sessions
 SENATE - ASSEMBLY
 June 9, 2011
 
 IN  SENATE -- Introduced by Sen. BALL -- 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. GALEF -- read once and referred to
 the Committee on Governmental Employees
 

AN ACT to authorize the Town of Kent, in the county of Putnam, to  offer
 certain retirement options to police officer Jerry R. Raneri
 

THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM
 BLY, DO ENACT AS FOLLOWS:

 

Section 1. Notwithstanding any other provision of law to the contrary,
 the Town of Kent, in the county of Putnam, a participating  employer  in
 the  New  York  state and local police and fire retirement system, which
 previously elected to offer the  optional  retirement  plan  established
 pursuant  to  section 384-d of the retirement and social security law to
 police officers employed by such Town,  is  hereby  authorized  to  make
 participation  in  such  plan  available  to  Jerry  R. Raneri, a police
 sergeant employed by the Town of Kent, who, on  the  effective  date  of
 this act is covered under the provisions of section 375-i of the retire
 ment and social security law, and who, for reasons not ascribable to his
 own  negligence  failed  to  make a timely application to participate in
 such optional retirement plan. The Town of Kent may so elect  by  filing
 with the state comptroller, on or before December 31, 2011, a resolution
 of  its  legislative  body  together with certification that such police
 officer did not bar himself from participation in such  retirement  plan
 as  a  result of his own negligence. Thereafter, such police officer may
 elect to be covered by the provisions of section 384-d of the retirement
 and social security law, and shall be entitled to the  full  rights  and
 benefits  associated  with  coverage  under  such  section,  by filing a
 request to that effect with the state comptroller on or before June  30,
 2012.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD11422-02-1
 
       S. 5668                             2                            A. 8270
 

S   2.  All  past  service  costs  associated  with  implementing  the
 provisions of this act shall be borne by the Town of Kent.
 

S 3. This act shall take effect immediately.
 FISCAL NOTE.--Pursuant to Legislative Law,

Section 50:

 This  bill  will  allow  the  Town of Kent to reopen the provisions of
 Section 384-d of the Retirement and Social Security Law for Police Offi
 cer Jerry R. Raneri.
 If this bill is enacted, we anticipate that there will be an  increase
 of  approximately $6,300 in the annual contributions of the Town of Kent
 for the fiscal year ending March 31, 2012.
 In addition to the annual contributions discussed above, there will be
 an immediate past service cost of approximately $29,100  which  will  be
 borne  by  the Town of Kent as a one-time payment. This estimate assumes
 that payment will be made on February 1, 2012.
 This estimate, dated June 7, 2011 and intended for use only during the
 Legislative Session, is Fiscal Note No. 2011-194, prepared  by  the
 Actuary  for  the  New  York  State and Local Police and Fire Retirement
 System.

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