A6749-2011 Actions

• May 15, 2012: held for consideration in governmental employees
• Jan 4, 2012: referred to governmental employees
• Mar 28, 2011: referred to governmental employees

A6749-2011 Text

 S T A T E   O F   N E W   Y O R K
 
 
                                         6749
 2011-2012 Regular Sessions
 I N  ASSEMBLY
 March 28, 2011
 
 Introduced  by M. of A. RA -- read once and referred to the Committee on
 Governmental Employees
 

AN ACT in relation to providing retirement credit to Mario  C.  Donofrio
 for military service during the Korean conflict
 

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, Mario C.  Dono
 frio,  a  retired  member  of  the  New  York state and local employees'
 retirement system, having retired on December 31, 1997; and  who  served
 in the United States military during the Korean conflict; shall be enti
 tled to receive credit for his time of Korean conflict service if, on or
 before  December  31,  2011  he: (1) shall file a request to such effect
 with the head of the New York  state  and  local  employees'  retirement
 system;  and  (2)  shall  pay to the New York state and local employees'
 retirement system an amount equal to the product of the number of  years
 of  military  service being claimed and three percent of his annual rate
 of compensation immediately preceding his retirement.
 

S 2. This act shall take effect immediately and the increase in  bene
 fits shall begin on and after such effective date.
 FISCAL NOTE.--Pursuant to Legislative Law,

Section 50:

 This  bill would grant additional service credit to Mario C. Donofrio,
 a retired member of the New York State and Local  Employees'  Retirement
 System, for service rendered in the Korean conflict.
 If  this bill is enacted, there will be an immediate past service cost
 of approximately $24,200. Of this amount, Mr. Donofrio will be  required
 to  pay $5,400, and the remaining $18,800 will be shared by the State of
 New York and all the participating employers in the New York  State  and
 Local Employees' Retirement System.
 This  estimate,  dated March 16, 2011 and intended for use only during
 the 2011 Legislative Session, is Fiscal Note No. 2011-136,  prepared  by
 the  Actuary  for  the  New  York  State and Local Employees' Retirement
 System.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD09282-02-1

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